BFX Coin- Latest Updates and News

WARNING!! Before investing in Blue Fox & BFX Coin read  this.. BFX Coin mining pool plans have been announced. Now you can buy any of the available packages from the bfxmining portal and start earning regular rewards on your investment. Please take some time to read this article  to fully understand the purpose of mining and how you can earn through mining. Here are the available packages- BFX Coin Mining Plans Important Points- 1- Business level rewards means 2% of total binary (Left + Right) business generated under your ID in any level up to level 5. 2- For getting mining level rewards it is necessary that you have 1 ID in your left side and 1 ID in your right side directly under you. 3- All mining rewards will be in the form of coins (converted to the value of dollar @ current rate at that particular time). 4- All plans should be calculated in INR assuming 1 dollar is equal to Rs70. Note- Right now you will not be able to top up your mining...

Initial Coin Offering WARNING!! Before investing in Blue Fox & BFX Coin read  this.. ICOs or Initial Coin Offerings are the hottest trend right now. Just like an IPO (Initial Public Offering) now companies are using ICO for raising funds for their projects. Now any company can build its own blockchain application on top of the already established blockchain technology like Ethereum and customize it according to their project's requirements. How ICOs work?- Company raises funds from investors and in return investors get the token or coin which can be used in the project's ecosystem or can be traded in any exchange. Generally the price of coin/token is very low during ICOs. Coin's/token's value increases in the future if the project grows and more people start buying that coin in exchanges. And this is the biggest example of smart contract using blockchain technology between the company and investors. There is no paper work involved in this but everybod...

Blockchain Technology WARNING!! Before investing in Blue Fox & BFX Coin read  this.. This is nearly the end of 2017 and I am pretty sure that 2018 is going to be the year of blockchain technology. We have seen the internet growing for so many years but now the blockchain is said to be the new internet. In simple words "Blockchain is a chain of blocks". A block is a list of records. A block in a blockchain contains records of transactions or any contract between two parties called smart contract. Blockchain is also known as distributed or decentralized ledger. Therefore no one has the full control on blockchain. In a blockchain network everyone participating in the network (miner) has a copy of whole blockchian. And anything that is recorded in blockchain needs to be agreed by everyone in the network which is achieved by a special consensus mechanism, that's the beauty of block chain. That's why blockchain is so special, now people don't need to go thro...

Crypto Mining WARNING!! Before investing in Blue Fox & BFX Coin read  this.. In this article I will try to explain what is mining or minting in plane English so that anyone regardless of his technical background could understand it. First of all I want to make it clear that mining and minting are used interchangeably in crypto world but there is a little difference between them. I have explained this in my another post  Proof of Work vs Proof of Stake vs Other Protocols- Comparison . The term 'mining' is most popular, so for simplicity we will only use the term 'mining'. So let's understand what is mining. Mining is basically a process to generate new coins and validate the transactions in a blockchain . All cryptocurrencies are based on some kind of blockchain technology . Every transaction people do gets recorded on blockchain . For eg. Suppose Ram sends BFX Coins to Shyam. As soon as the transaction happens transaction is sent to the mining devi...

Image: BFX Coin ICO Final phase is over @ bfxworld.com WARNING!! Before investing in Blue Fox & BFX Coin read  this.. Finally, BFX Coin ICO ended few hours ago. I hope everybody has got his share of coins. Millions of dollars has been raised so far including millions of dollars worth Ethereum & Bitcoins. 117,700,000 coins have been sold out in final phase. 30 million, 54 million & 84 million coins were sold in phase 1, phase 2 & phase 3 respectively. BFX Coin is listed in  ZECOEX Exchange  and is equal to Rs 20.09 at the time of writing of this post.  Now you can buy BFX Coins directly in INR through this exchange. What's next?? Now, just wait for next announcement from Blue Fox. Soon you will be able to transfer your coins to BfxMining portal for mining/minting . For those who don't know what mining & minting is please look around in google and you will find tons of articles and videos explaining you what mining is However ...

Image: Phase 3 Coins Sold Out @ bfxworld.com WARNING!! Before investing in Blue Fox & BFX Coin read  this.. Hello everybody!! First of all thanks for trusting this ICO and registering through my referral link . I am confident that this ICO is going to be a great hit in the world of crypto currencies specially in India because famous bollywood Actor and Producer Mr Sohail Khan is one of the director's of this company. And the whole Bollywood will accept this coin open heartedly. So go ahead and    register here . Note- BFX Coin ICO is over now. Please check out my next post    BFX Coin ICO is over. What's Next? Right now we are in phase 4 of BFX ICO pre-sale which is the final phase.  Now 1 BFX Coin is equal to $ 0.20.  As I have already told and as per speculations from experts this coin will be around $30 to $40 cents in the first week of its launch. As of now more than 170 million BFX Coins have been sold out (30 million, 5...

Image: Phase 2 Coins Sold Out @ bfxworld.com WARNING!! Before investing in Blue Fox & BFX Coin read  this.. Eventually we are in phase 3 of BFX ICO pre-sale starting from Oct 24th 2017. Now 1 BFX Coin is equal to $ 0.15.  As of now more than 90 million coins have been sold out (30 million & 54 million coins were sold in phase 1 and phase 2 respectively). Image: BFX Coin ICO Live- Phase 3 @ bfxworld.com Note- BFX Coin ICO is over now. Please check out my next post    BFX Coin ICO is over. What's Next? BFX Coin ICO has moved into phase 3. Those who have missed first two phases, are still having a change to buy the coins at $ 0.15 per coin which is a pretty good price too. Guess what! I've got a news for you. BFX Cryptoworks' Asian Operational Office is opening shortly in Hong Kong & mega launch of BFX Coin will be hosted in Dubai in November 2017 once ICO is over. And the most important of all, BFX Coin is going to be listed in al...

WARNING!! Before investing in Blue Fox & BFX Coin read  this.. Hello Folks.. How are you doing. Two weeks ago I told you about BFX Coin ICO which is in phase three right now. After that post I got a lot of queries in my mail mainly from the people who were new to cryptocurrency world and are from India, asking about how to buy BFX Coins through ICO . They all had registered through my affiliate link  given by me but couldn't understand how to buy the coins. Note- BFX Coin ICO is over now. Please check out my next post    BFX Coin ICO is over. What's Next? Update- BFX  Mining Pool Plans  Announced.. BFX Coin has been launched in  ZECOEX Exchange  on 25th of  November 2017. So if you are not comfortable with ICO thing and want to buy directly in INR through your bank account then go to the ZECOEX website . For anyone who knows how to send and receive cryptocurrency like Bitcoin or any Altcoin, this guide may not be nece...

Image: BFX Coin ICO- All Coins Sold Out in Phase 1 @ bfxworld.com WARNING!! Before investing in Blue Fox & BFX Coin read  this.. Phew!! it was a pretty intense round 1 of BFX Coin pre-sale after the ICO launched yesterday afternoon. Within 15 minutes, all 30,000,000 BFX Coins sold out. That's crazy guys. I was lucky enough to get a change to buy the coins in last few seconds. Finally, after the long wait I could grab few coins for myself in phase 1. Note- BFX Coin ICO is over now. Please check out my next post    BFX Coin ICO is over. What's Next? Image: BFX Coin ICO- Phase 2 Sale is Live @ bfxworld.com ICO is  in phase 2 right now. Those who have grabbed the coins in phase one, congratulations to those, but those who were not lucky enough are still having a change to buy the coins at $ 0.12  per coin. The point to note here is, it's still not too late to buy BFX Tokens because there is very less difference between the price...

WARNING!! Before investing in Blue Fox & BFX Coin read  this.. Here comes yet another crypto coin in the market, named BFX Coin. Yes guys you heard it right. This currency will be based on both POW & POS systems. ICO will be launched tomorrow afternoon on 14th Oct 2017 (As per Indian Standard Time) by BFX Cryptoworks Limited ®  based in London. BFX Coin @ BFX Cryptoworks Limited® bfxworld.com Note- BFX Coin ICO is over now. Please check out my next post    BFX Coin ICO is over. What's Next? Few hours left for phase 1 of pre-sale. In phase 1, one BFX coin will be equal to 10 cents. Registrations have just started. large no of subscribers are already in queue & ready to buy the coins.. Huge potential..  Hurry up guys!!  Registration is free.. Go to the below link and register yourself Now.. https://bfxworld.com/ref=250302 Below is the schedule of ICO. Phase        ...

WARNING!! Before investing in Blue Fox & BFX Coin read  this.. Many different technologies, algorithms, protocols consensus mechanisms or systems exist within the world of cryptocurrency blockchain network. Most common is Proof of work (PoW). In PoW  new coins are generated by using the process called mining. Another protocol Proof of stake (PoS) lets users earn rewards for keeping funds in their wallet for a longer period of time. Proof of Burn (PoB) is another but less common system in crypto world similar to PoS.  PoW uses energy, PoS uses coindays and PoB uses number of coins. And there are few others, let's discuss about them one by one. 1. PROOF OF WORK (POW) / Mining- Proof of work is the most commonly used protocol. This is so popular mainly because of Bitcoin which uses PoW. It is the protocol that allows users to generate the cryptocurrency coins through mining. The only disadvantage of using PoW is that it is a resource hungry process. As a ...