ANSWERED: Why Doesn’t My 4G Work On My Phone?

ANSWERED: Why Doesn’t My 4G Work On My Phone

Problem: 4G (LTE) Isn’t Working

If you’ve recently asked yourself “Why Doesn’t My 4G Work On My Phone?” and you can’t seem to pin point the exact problem. There could be a variety of reasons why it isn’t working the way you expect. I will go through a bunch of different troubleshooting techniques and things to check on your phone to ensure that you cover all bases before throwing your phone (or sim card) in the trash bin.

Why Doesn’t My 4G Work On My Phone?

[the_ad id=”581″]

Do you have compatible hardware?

Yes, 4G requires the following 3 Key Components to work properly:

  1. 4G (LTE) enabled Sim Card – If you’re using an old sim card, you may need to ask your service provider to set you up with a Why Doesn't My 4G Work On My Phone?new, 4G enabled sim card. Depending on the provider company they may, or may not charge you for this.
  2. 4G (LTE) enabled Phone – Not ALL phones work on 4G! If you are not sure whether your mobile device is 4G enabled, visit gsmarea.com … search for your device model …. “expand” the Network row (little down arrow on the right) …. see if it supports 4G (HSDPA/HSPA).
  3. 4G (LTE) enabled mobile data plan – You will have to contact your service provider on this one. Here in Canada, some providers do not offer 4G on lower price plans. You must check with your provider to ensure 4G is enabled on your account/mobile plan.

 

I have all 3 key components, but still… Why Doesn’t My 4G Work On My Phone?

[the_ad id=”581″]

Enable 4G (LTE) Settings On the Device

Here I will list how to turn 4G (LTE) ON with some of the most popular devices:

  1. iPhone:  Settings >> Mobile Data (Cellular Network)  >> Enable 4G >> Voice & Data
  2. old Samsung: Settings >> Mobile Networks >> Mobile Data >> Network Mode >> Select “LTE/WCDMA/GSM”
  3. new Samsung: Settings >> Connections >> Mobile Networks >> Network Mode >> Select “LTE/WCDMA/GSM”
  4. Huawei: Settings >> More… >> Mobile Network >> Preferred Network Type >> Select “4G/3G/2G”
  5. LG: Settings >> Networks Tab >> Tethering & Networks >> Mobile Networks >> Network Mode >> select “GSM/WCDMA/LTE auto”
  6. Google/Nexus: Settings >> More… >> Cellular Networks >> Preferred Network Type >> Select “4G / 3G / 2G auto”

The above may change slightly depending on manufacturer and carrier software updates, but as you can see they are generally very similar, just use a bit of common sense to search for it if it different from the above list. If all else fails, DM me on Twitter @SillyTechie

 

All my shit from above is correct, Why Doesn’t My 4G Work On My Phone yet?

[the_ad id=”581″]

Wrong Access Point Name or Internet Profile Setting

If you’ve completed all of the above steps and STILL you’re 4G isn’t working… you may need to consider that your phone does not have the appropriate internet profile settings.

This step is very different for both iPhone and Android … so let’s start with iPhone. Typically this profile is auto-updated when you insert a new sim card and you usually get a prompt that asks you to update carrier settings…. you should click Update.

If again, this does fails to remedy the situation you may have an internet profile set that does not belong to your sim card. This often happens when you switch between carriers with different sim cards.

To delete wrong profiles got to:

Settings >> General >> Profiles >> Tap the One you want to remove

If you do not see “Profiles” it means you do not have ANY internet profiles setup and you may need to contact your service provider to help you install the appropriate internet profile setting as it is different for each carrier.

Androids

Go to Settings >> More… >> Mobile Networks >> APN >> Add APN (+) >> Enter APN Details

If you see no APN profiles here, contact your service provider for the exact APN settings for 4G.

Example Profile:

Name: Fido 4G

APN: ltemobile.apn

Be sure to press “Save APN” and then select the radio button next to the APN to activate it.

 

If all of the above doesn’t work …. I suggest you find your nearest mobile shop or techie to help you out…. it could be a simple mistake on your part, or as complicated as a broken cellular antenna inside the device.

[the_ad id=”581″]

If you found this information useful, please Comment, Like and Share this with your network.

How To Download Free Ebooks On Your Phone

How To Download Free Ebooks On Your Phone

Have you been in a book store, or maybe just browsing the interwebs and come across a book that you REALLY wanna read, and thought about how you can download free ebooks on your phone? ….because physical books are so bulky and annoying to carry around? Did you think maybe, if I could figure out how to get it onto my phone, that would be sweet!?

ME TOO! I do it all the time and finally I’m here to show you how to download free ebooks on your phone and read them wherever and whenever you want!

Step 1.

Go to your app store and download “Bittorrent” (images are for Android, but iPhone would just apple’s app store)

google play store icon

[the_ad id=”581″]

Step 2.

Go to Amazon or where ever to find the book you want. This is important to download free ebooks on your phone because you have to make sure that it is offered in a digital version.

download books on amazon

Tip: If it only comes in hardcover, it’s likely you will not find a digital copy of the book – tough luck. 🙂

Step 3.

Go to thepiratebay.org and search for the book you want. If you can’t download free ebooks on your phone after searching in Piratebay for it…. it might not be available in a digital version. Try another book. (sorry)

download free ebooks on phone

[the_ad id=”581″]

If you get one of these annoying popups, just click cancel, or if it opens another tab, simply close the tab and go back to the previous tab. Not sure how to switch between tabs? Hit me up on Twitter

close piratebay popups mobile

Be sure to sort your results by highest number of Seeders (SE) by clicking on the SE link. This will ensure you get the best quality and most trusted file (no one wants to download a virus or crappy files).

download free ebooks on your phone

Step 4.

Click the “Get Torrent” magnet link. Make sure it has the little magnet icon beside it. This will save you a couple steps if you use the magnet link rather than a mirror or direct download link.

download free ebooks on your iphone

Step 5.

[the_ad id=”581″]

If asked what application you want to use, choose “Bittorrent”. Allow the file time to download. When it is finished, simply click on the link in bittorrent and enjoy!

bittorrent for mobile phone

Pro Tip: To avoid big data usage or data charges, connect to a stable WiFi before you start these steps…

 

Did you find this useful? Please share this with your friends and community.

 

You may also like: How To Download Free Music

How to Apply Glass Screen Guard Flawlessly

How to apply glass screen guard flawlessly, even if your phone isn’t brand new?

When it comes to mobile phones, the best screen protection is tempered glass. Tempered glass offers the best screen protection for modern phones because it is designed to take the impact on behalf of the screen. What that means for you, is $30 screen guard could save you $200 in screen repairs. Sounds worth it, right?

But what I find most often, is that the average person has a difficult time applying their glass screen guard. They get bubbles all over, dust or hair on the lit part of the screen…or just plain crooked. So how to apply a glass screen guard flawlessly every time?

Required Tools:

  1. Scotch Tape (yes, it must be scotch)
  2. Compressed Air
  3. MicroFiber Cloth
  4. Plastic Pryer (if you don’t have nails)
  5. Good Lighting
  6. Flat, Hard, Clean surface

[the_ad id=”581″]

Step 1:

Place the phone on a clean, dusted hard surface. My preference is to have phone facing the same way that you will hold the screen guard during application (keep reading to understand what this means). Adjust the lighting so that you can see every detail of the phone’s screens (scratches, hairs, dust, etc).

Step 2:

If your phone is not brand new, or does not still have the packaging covering the screen, use the MicroFiber Cloth to clean the screen to perfection. Tilt the light or your head to make sure all debris has been removed from the screen. If you find everything but dust is removed, go to Step 3.

Step 3:

Use the compressed air to blow off the tempered glass guard – blow both sides free of any debris (DO NOT REMOVE THE FILM YET). Use the compressed air to blow off the phone’s screen to be free of any debris.

Step 4:how to apply glass screen guard

Use a 2″ (inch) piece of scotch tape and dab it on the screen to remove any remaining dust, hair or small particles. This is one of the most important tasks. For a perfect application the screen must be absolutely free of debris, this is the most important step of how to apply glass screen guard.

Step 5:

Hold the screen guard film-side down. The film is the removable plastic, this is the side of the screen guard that sticks or adheres to the phone screen.

Hold it in the same alignment as the phone.

Quickly remove the film while holding the screen guard just to the side of the phone (this is to avoid throwing any dust particles onto your freshly cleaned screen)

Step 6:

Quickly align the screen guard to the phone screen. Slowly lower it over the screen and press once in the middle, then let the screen adhere it’s self.

Step 7:

Look for any blemishes. Did any dust get caught underneath? Use this trick to get any dust particles out. Slowly lift the corner where the dust is located (use the plastic pry or your finger nail) – be careful not to scratch the adhesive underneath. With the corner lifted slightly, slip a piece of scotch tape underneath and dab onto the spot where the dust is to remove it, then quickly press the corner back down. Repeat this process until all dust and hairs are removed. Press down the edges for a perfect finish.

 

Pro Tip: If you phone has an all black screen – turn ON the phone to a while screen so that you can see the outline where the screen guard should align. Turn on the screen while you align the screen guard. Turn off the screen again while you inspect for any trapped dust particles.

 

And THAT is how to apply glass screen guard flawlessly to any mobile phone. Check out this video I took of my colleague applying a screen guard.

How to Steal WiFi (Ethically)

In today’s world, anyone without WiFi is considered border-line loonie tunes, but WiFi and home internet is expensive so how to steal WiFi and save your dollars? I’m going to share this with you right here.

How to Steal WiFi (Ethically)

It might sound like a criminal offence to you, but I assure you, what I am about to show you might not be exactly what you were initially thinking. I don’t want you to go around hacking and stealing WiFi from your neighbours and community – that wouldn’t be ethical. What I WILL show you is how to steal wifi ethically using some very unique products and techniques.

[the_ad id=”581″]

Free WiFi versus Stolen WiFi

how to steal wifi

You probably already know about FREE WiFi … this is the WiFi that you get when you’re at Starbucks, McDonalds or at the library. It’s open and anyone and their dog can connect to it for Free, slow down your connection and do all sorts of weird things on it. Usually these WiFis require that you accept their terms of service before you can begin to browse.

Stolen WiFi on the other hand, is secure. You need a password and not just anyone can gain access. This is the stuff I’m talking about because let’s face it, we all want FAST internet connection and LOW security risk. Hence, we need to learn how to steal wifi ethically and create these pristine conditions.

 

FreedomPop Unlimited HotSpot

This is the good stuff, my friends. When I discovered FreedomPop I couldn’t believe that what they were offering was actually FREE! Ok, there’s an activation fee, but if you compare this cost to the overall cost you’d pay to an internet service provider over a year or two, it’s peanuts.

100% Free Internet w/ Nationwide Hotspot!

So you wanted to know how to steal WiFi ethically, right? Let me tell you, even if you are homeless (and I truly hope you are not), you can find the activation fee for your free WiFi in less than 2 days. Let me tell you why I promote this service:

  1. 100% Free – No Monthly Charges
  2. Portable WiFi – take it anywhere
  3. 30-day money-back guarantee (no risk)

If any of you follow me on Twitter or Facebook, you might realize that my primary residence is in Vancouver, Canada. However, when I come to the United States, I’ve learned how to steal WiFi and I got myself a FreedomPop hotspot.

FreedomPop did not ask me to advertise this service, but when I find awesome tech that I think NEEDS to be shared, it ends up here.

Enjoy and please let me know if you found this useful or if you’ve tried it.

You May Also Like:

How to YouTube to MP3 on iPhone

[the_ad id=”581″]

How To Set Up Name Servers In WHM For OVH So You Start

How To Set Up Name Servers In WHM For OVH So You Start

When i first started using a dedicated server it took me ages to finally figure out How To Set Up Name Servers In WHM For OVH So You Start, so I wanted to share this info for other beginners. From my experience with OVH SoYouStart dedicated servers, the price is awesome, but the support isn’t really that great. Especially if you’re new to managing your own dedicated server.

Now, I understand that most server providers likely don’t want to take the responsibility of setting up your server and then take the blame when a security threat comes through, or perhaps just a wrong setting.

Anyway, I’ve decided to create this post on How To Set Up Name Servers In WHM For OVH because it took me such a long time to finally figure out how to setup such a simple element.

Let’s get started first with logging into WHM. (this tutorial does not use SSL commands, you must have access to the WHM dashboard)

[the_ad id=”581″]

Step 1. Under Account Functions choose the option to Create A New Account

We need to create a cPanel account for your new domain and this is the first step.

How To Set Up Name Servers In WHM For OVH So You Start

Step 2. Enter your Domain Information

Model what you see below, but for your own domain. This username and password will become your cPanel login and it will auto-create some important settings in regards to your nameserver.

add domain cpanel ovh soyoustart dedicated server

cpanel account settings setup

cpanel whm email settings

[the_ad id=”581″]

 

Step 3. Add a New IP Address

If you haven’t already added your new/unique IP address, you need to follow this step. Under IP Functions choose Add A New IP Address (see arrow) and then enter your IP address in the New IP to add box (see arrow with note). Don’t know your IP address? Visit Step 3 b & c to see how to retrieve your IP address from your OVH dashboard.

add ip address cpanel whm ovh

 

Step 3 b. (optional) Login to OVH SoYouStart Dashboard

This step is optional and is for those who are not sure where to find their IP address. Login to the dashboard for OVH or SoYouStart.

ovh soyoustart login

Click on “IP” tab (see arrow in below image)

ovh soyoustart IP address

 

Step 3. c (optional) Open your IP address list

and choose from one of the available IP addresses. Note it down as you will need it in the following steps.

unique ip address ovh

 

Step 4. Assign IP Address

flip back to WHM and if you haven’t already, make sure you’ve completed Step 3 of adding the IP address to your WHM. Then go under Account Functions and Change Site’s IP Address. Choose the url that is to be assigned to this IP address (see below) and click the Change button.

change domain ip address whm

On the next page you choose the unused IP address from the drop down menu. It should NOT be assigned to another domain unless you have domains sharing one IP address (why do you have a dedicated server in this case? haha)

[the_ad id=”581″]

 

Step 5. Edit DNS Zone

Now we can finally go and add our nameservers so we need to head over to edit the DNS zone.  As you see in the image go under DNS Functions and then choose Edit DNS Zone. Choose your new domain from the list and then click the blue Edit button.

edit dns zone whm soyoustart ovh

 

Step 6. Add A Records

First you need to add the A records for your new nameservers. When it comes to OVH the secondary nameserver will always be the same: sdns1.ovh.ca. (don’t forget the . at the end) and ip will always be 8.33.137.137 (not matter how many domains you add, they will all have this secondary nameserver the same). Primary nameserver will just be ns1 because it will be ns1.yourdomain.com and of course the ip will be your unique ip address for that domain. (see below)

add namerservers ovh soyoustart whm cpanel

 

Step 7. Add NameServers to the DNS zone

You’re almost there! Just simply change the name servers at the top of the list to the ones you’ve just created, save and you’re DONE! (see below image for details)

You will now add the following nameservers to your domain registrar:

nameserver1: ns1.yourdomain.com

nameserver2: sdns1.ovh.ca

[the_ad id=”581″]

how to add nameservers in cpanel whm ovh soyoustart dedicated server

 

If you found this tutorial useful on How To Set Up Name Servers In WHM For OVH So You Start, please share. You might also like this post on How To Get 1000’s of Visitors To Your Website

How To YouTube To MP3 On iPhone

So you found something totally awesome on YouTube and you want to save it on your iPhone to listen to later? It needs to be in mp3 form for your iPhone to recognize it. So how to youtube to mp3 on iPhone – I’m about to show you the most simple and easy way to get a YouTube video to MP3 on iPhone.

Even the most simple minded of folks should be able to follow this tutorial… all you need is a WiFi connection and an iPhone …. or any smartphone for that matter.

How to YouTube to MP3 on iPhone

Step 1. Connect to WiFi!
connect to wifi iphone
Q: Why connect to WiFi, I have data!?
A: Unless you have an unlimited data plan (and maybe you do, then forget about WiFi), then you should consider using WiFi for this task as it can be data intensive depending on how long your YouTube video is.

Step 2. Find the YouTube video in question

Step 3. Copy the YouTube video’s “Share” URL (as seen below) – click share, then click copy
how to share a youtube video

Step 4. Head over to https://www.onlinevideoconverter.com/mp3-converter

Step 5. Put the YouTube share link that you copied in Step 3 in the field as you see in the image below:
how to youtube to mp3 on iphone

Click START

Step 6. WAIT – let it process …. this can take some time depending how long your YouTube video is…
convert youtube to mp3

Step 7. Click Download – Enjoy! You have successfully learned how to youtube to mp3 on iphone! Congrats!
youtube video convert to mp3

Now you can show your grandma how easy it is.

DISCLAIMER: You should only convert YouTube content that you have the rights to. You should never convert copyright material for resale of any kind. Please follow the laws and regulations in your country or district. SillyTechie.com is not responsible for misuse of these techniques.

If you found this useful, please share this on:

Make Money Online Without Investment

Make money online without investment – because who has the capital when you’re just starting out, right!? Follow me in Instagram @SillyTechie for more amazing insights like this. Today I’m going to tell you about how you can make money online simply by giving the world files that you think are useful or sought after. How does it work?

ShareCash File Exchange

I read about this technique in an article deep down in the bottom corner of the web, and it’s very interesting. In fact, I am going to begin using this technique starting today. So follow me on Twitter and Instagram to see my results.

First, you need a ShareCash account. It’s FREE! Click Here to sign up. Here you can get automatically paid out to Payoneer, Payza, Paxum, PayPal, Bank Wire Transfer or even by Check, just go to Payments >> Request Payment and select your preference.

[the_ad id=”581″]

ShareCash is where you will upload the files you want other people to download. So think about what is it that people want that you can provide? It can be anything from WordPress Plugins to Independent Films or even Free eBooks. You make the decision as to what you think most people will be looking for and make sure you follow the terms set out by ShareCash.

Marketing Your Links

How will you get your links in front of enough audiences without having to fork out loads of cash on Google and Facebook Ads? I did a bit of digging and came up with a few unique ways around this.

  1. YouTube Video – create a powerpoint with info related to your file and post it on youtube
  2. FaceBook Group Post – join a like-minded FaceBook group who might like your offer and blast it
  3. LinkedIn – create or join a group related to your file and blast it to the group members
  4. Twitter – hashtag the crap out of your link on twitter to get like-minded peeps interested
  5. Instagram – hashtag the crap out of a fancy photo related to your link
  6. Reddit – spam your link on reddit for those ‘bored’ reddit browsers

make money online without investment
Comment below, or hit me up on Instagram/Twitter to let me know if any of these works better for you than others.
Of course, there’s also always good ‘ol SEO on a blog post similar to this one and there’s the old fashioned ads for purchased. But that would defeat the purpose of this ‘Make Money Online Without Investment’ post. :derp:

Make Money Online Without Investment

If you’ve read up to here, you’re realizing that it’s not going to be super simple. Yes, there is some work involved. My preference to be honest, is the youtube video route because those videos always pop-up FIRST on google searches and with no advertising.

Also, a way around the ShareCash restricted content is that you can upload a simple text file that contains the link to the true file. This file or even website could be anywhere that allows this restricted content (ex. Adult Content). However, you always want to make sure you route the user through ShareCash first because that’s where you get paid.

If you want to learn how to get 1000’s of visitors to your website check out my other post here. Don’t forget to use SEO. Download the YOAST SEO Plugin for quick SEO setup on any webpage.

As always, comment, like and share if you found this useful. Follow me on Instagram & Twitter @SillyTechie.
[intense_social_share show_facebook=”1″ facebook_button=”fontawesome” show_googleplus=”1″ googleplus_button=”fontawesome” show_twitter=”1″ twitter_button=”fontawesome” show_linkedin=”1″ linkedin_button=”fontawesome” show_reddit=”1″ tumblr_button=”wide”]
[/intense_social_share]

FREE Activation Key for Slider Revolution 5.4.5.2

Need a FREE Activation Key for Slider Revolution? Client hasn’t paid yet and you need to test features for development purposes? I FINALLY have another awesome hack or crack for you and I’ve tested it with Slider Revolution version 5.4.5.2. After this posting, they may update the plugin to fix this trick, but worth a try.

DISCLAIMER: I DO NOT condone using this trick to get pirated copies of this plugin or any other plugin. I believe all developers and plugin users should be able to test premium features before purchasing so this allows you to do that. Please purchase revolution slider license if these feature are of benefit to you, and/or if you plan to permanently use the plugin.

Now onto the good stuff. So why would you want to use this Slider Revolution crack? Well, with a registered or validated version of Revolution Slider (aka revslider) installed, you can test all the extras, Add-ons and Templates that use those add-ons. What you need for this project:

  1. WordPress Installed
  2. Revolution Slider Installed (can be included with the theme or solitary)
  3. Access to the website’s file manager and/or FTP

 

Cracking the Code

In the website file manager/ftp navigation to this folder:
homedirectory/wp-content/plugins/revslider/includes/operations.class.php
Open operations.class.php in a code editing program (notepad++, coda, dreamweaver, etc), and scroll down to line 2353.

$response = wp_remote_post('https://updates.themepunch.tools/activate.php', array(
'user-agent' => 'WordPress/'.$wp_version.'; '.get_bloginfo('url'),
'body' => array(
'code' => urlencode($data['code']),
//'email' => urlencode($data['email']),
'version' => urlencode(RevSliderGlobals::SLIDER_REVISION),
'product' => urlencode('revslider')
)
));

$response_code = wp_remote_retrieve_response_code( $response );
$version_info = wp_remote_retrieve_body( $response );

if ( $response_code != 200 || is_wp_error( $version_info ) ) {
return false;
}

We will replace lines 2353 to 2368 as seen in the image below:
Free activation key for revolution slider

Highlight all the code as seen above and replace it with:

$version_info = 'valid';
As seen in the image below:
crack revolution slider plugin

Now save it, close it and go back to your Revolution Slider plugin in your WordPress dashboard. Click on the WordPress dashboard menu item: “Revolution Slider” then in the top-left box that says “Plugin Activation”, click on Register Slider Revolution button as seen in the image below:
activate slider revolution

Free Activation Key for Slider Revolution

It will open a box to enter the activation key… enter anything you wish by smashing on the keyboard a few times. No actually, you can put whatever you want in there (as seen below):
slider revolution purchase code
revolution slider cracked

Click “Register This Code” and you’re off and running with your cracked slider revolution!

Have fun exploring the Slider Revolution add-ons and templates and if this helped you make a purchasing decision for Slider Revolution, Please share, comment and like this post. Like this crack? Check out my other tricks/tips here.

Special shout out to the fellows on wplocker forum here for the tip.

[intense_social_share show_facebook=”1″ facebook_button=”fontawesome” facebook_share=”1″ show_googleplus=”1″ googleplus_button=”fontawesome” show_twitter=”1″ twitter_button=”fontawesome” tumblr_button=”wide”]
[/intense_social_share]

How to Get 1000’s of Visitors to your Website

I’m going to show you how to get 1000’s of Visitors to your website. I use a very simply system called Global Money Line to get thousands of leads every month. In fact, I even used the system to post my Instagram link and gain more followers. The best part about this system is that is affordable for anyone who has $20.


[the_ad id=”581″]

Some extra benefits include, FREE in-system ads. So you can reach the entire system’s user base by buying the Silver Membership (sorry this on is $50). It is cheaper than spending hundreds of dollars on Google or Facebook ads. AND all users have already been put through qualifying pages, which means they are ready to buy!

I have personally used this system for only a few weeks now. I was astounded by how many people reacted to me simply posting my Instagram link. In one day, I got 35 new followers on a brand new Instagram account (I had not even posted a single photo).get 1000s of visitors to your website

Global Money Line isn’t just great to get 1000’s of visitors to your website, but it is also has an affiliate aspect where you can make money by promoting it. So you can see why I decided to write about it. 🙂 Here’s how it works:
1. Get 2 people to invest in the $20 membership
2. Receive money from all signups after that

It’s SIMPLE! I am also going to be sharing with all of my investors, a fool-proof system to get your first 2 members. You may pass this system on to them and so on. We all make cha-ching. The system pays out in BitCoin and PayPal, so if you want to learn more about cryptocurrency click here.

What is Bitcoin and How do you buy it?

What is Bitcoin?

What is bitcoin you ask? Bitcoin is a digital currency and it’s different from a regular currency in two ways.

1. You do not have physical cash or coins to exchange
2. It is decentralized.

Let’s talk about these two points in more detail so that you can better understand.
1. No physical exchanges – this is important because it means that while you can still trade bitcoin and other What is bitcoincryptocurrencies for physical assets and services, you can only transfer/store your currency online (with a few exceptions but that’s for another post). This means that in the crypto world, security is VERY important and you will want to set up either a paper wallet or an encrypted wallet.

2. What is Bitcoin’s central point of transfer? That’s the beauty of cryptocurrencies, there is not central point like a financial institution or government body, it is decentralized. What does decentralized mean and how does it work? It means that the verification is done by multiple users or computers on the blockchain. The blockchain is a collection of computers from around the world that verify the transaction. In addition to having random, world-wide verification computers, each transaction is encrypted so the system is next to impossible to hack or manipulate.

[the_ad id=”581″]

What is Bitcoin made from?

In other words, where does a bitcoin or other cryptocurrency come from or how is it made? The answer is ‘mining’. Mining cryptocurrency is a giant topic on it’s own so I won’t go into much detail, but basically a mining machine is one of the computers that verify transactions (as stated previously in the last section). Each time a ‘miner’ or computer verifies a transaction, they are rewarded with the cryptocurrency they verified for, so in this case, a bitcoin! The currency supply is finite and is set when the currency is created. So the more people investing in the currency, the higher it’s worth – similar to gold which has a finite amount in circulation.

There are a bunch of people making cash mining bitcoins and other cryptocurrency, up to thousands of USD worth per month. If you want to get into it, I would suggest the all in one AntMiner – you’ll pay off this bad boy in about 3-4 months.

How to invest in cryptocurrency

You can buy cryptocurrency similar to how you buy stocks in the stock market. You join an exchange and from there you can purchase amounts of different currencies. If you’re interested in start-up businesses, you can also buy cryptocurrencies at a discounted price when the currency is about to be created. This is known as an ICO or Initial Coin Offering. This is similar to kickstarter in the sense that a cryptocurrency can be created by anyone who knows computer code. Investors that donate to the new company before they launch, are rewarded with that company’s cryptocurrency (usually at a discounted price).

Here’s a list of some of my favourite cryptocurrency websites.
Exchanges:
https://www.quadrigacx.com/
https://coinsquare.io
https://www.kraken.com

Resources:
https://www.cryptocompare.com
https://www.cryptocompare.com/mining/calculator/
https://angel.co/cryptocurrency
https://www.coindesk.com/

I hope you enjoyed this information and if you found it useful, please retweet me @SillyTechie or Follow me on Instagram @SillyTechie

[intense_social_share show_facebook=”1″ facebook_share=”1″ show_googleplus=”1″ show_twitter=”1″ tumblr_button=”wide”]
[/intense_social_share]

1 2 3 4  Scroll to top