How to use the EIA oil report in trading

How to use the EIA oil report in trading The content of the article What is an EIA report What data is published in the report How to use the report in trading Long term trading Short term trading Conclusion In this review, we will consider the weekly EIA report on the state of the oil industry, which has a strong influence on black gold quotes. Many traders closely follow his publications and use the information received when trading. What is an EIA report The Energy Information Administration, EIA, is a division of the US Department of Energy established in 1977. It is responsible for the objective collection of energy data, analysis and economic forecasts. Various reports are regularly published that provide information on energy-related topics. For example, reports on energy stocks, demand and prices. The United States is not only a major oil consumer (approximately 20% of world consumption), but also a leading oil producer. The balance of supply and demand in the US gives a rough ...

How to start mining cryptocurrency from scratch-Как начать майнить криптовалюту с нуля

 



The popularity of mining in 2021 is due to a noticeable increase in the cost of a number of cryptocurrencies. Because of this, the decision to become miners is increasingly chosen by both large investors and ordinary PC users. Today we will tell you how to start mining cryptocurrency.


Beginners who start from scratch should first figure out how to mine cryptocurrency, how to choose a coin, how to mine it, equipment and software. And also - get acquainted with the basic terms for this type of activity:


"blockchain" - a record of all transactions in chronological order;

"hash" - the result of the hash function, presented as a string, providing the connectivity of the blockchain;

"hashrate" - a unit of computing power for a certain cryptocurrency;

"rig" - one unit of equipment intended for mining;

"farm" - a group of rigs combined into one system;

"pool" or "mining pool" - a server that receives a large task and divides it into several small ones, for each member of the group.

Mining itself is a mathematical calculation that confirms transactions. Their result is finding a block for which a reward is issued. And miners are those who mine cryptocurrency, and sometimes programs for obtaining digital assets.