Bitcoin emerged about 10 years ago: Satoshi Nakamoto published Bitcoin’s manifesto in 2009 and changed the world forever. We have been able to do many things for almost 10 years using BTC: Bitcoin casino no deposit bonus campaigns, online purchases, payments, global money transfers… Cryptocurrencies can literally be used for everything and we owe it all to Bitcoin. So, what’s going on in Bitcoin for the last 10 years? What awaits us in the future? First, let’s look at some interesting statistics.
- The size of a Bitcoin block is 1.22 MB on average. There are 12.5 BTCs in each block. These BTCs are found by miners. To give you an idea, 109 blocks have been mined in the last 24 hours. A single block can be mined in an average of 12 minutes.
- However, Bitcoin mining is not such a simple task: If you are working alone and using a normal PC, it will take about 1.367 years to earn 1 BTC through mining. However, as the block difficulty will be rising, this period will increase. When we come close to the last block, the difficulty will be much higher and earning 1 BTC through mining will last 6,000 years on average for a single person.
- There are a total of 21 million BTCs that can be mined and professional miners work by using special computers for this job, called ASICs. All of these computers are connected to each other over a network and using common processor power. You can’t compete with them alone, so don’t even try – you will just waste electricity. When the processing power of hundreds of computers is used jointly, the block mining time is decreasing. This is the reason why an average of 110 blocks a day can be mined.
- If you’re wondering, there are 4 million BTCs left to mine. For the last 10 years, a total of 17 million BTC was mined. It is expected that all blocks will be finished in the year 2140. The reason for this is the increasing difficulty of the blocks: As the number of blocks decreases, the processing power required to mine them is increasing.
- While you read this article, an average of 260,000 BTC transfers was made. Their total value was about 865 million dollars. Every day, more than $ 500 million worth of BTC transactions are made.
- Only 8% of Americans own BTC. 40% do not understand what the cryptocurrencies are. 18% believe that all cryptocurrencies, including BTC, are a scam.
- The following countries do not have a legal arrangement for BTC or recognize it as a legal currency: The United States, Canada, Australia, Finland, Cyprus, Belgium, United Kingdom, Germany, and Bulgaria.
- The following countries see BTC as an illegal “tool” and prohibit its use: China, Russia, Vietnam, Bolivia, Columbia, Ecuador, and the majority of Middle East countries.
What Awaits Us in the Future?
The real question here is “what happened when there are no BTCs left to mine?” At the moment, new BTCs are added to the blockchain on a daily basis. So, what happens when this stops? People will lose interest in BTC? Do we get to spend it all?
Actually, finalizing the mining process is not a bad thing at all. Think of Fiat currencies: At the moment, there is a certain number of USD banknotes in the world, for example. So, when it comes to numbers, Fiat currencies also have limits. You may think that governments may “press” new banknotes to increase that number, but this is a common misconception. Yes, the governments release new banknotes to the market, but they also collect the “old” ones. This is how you fight with inflation actually. If you do not control the number of banknotes in the world, there will be too many of them and this will result in inflation. In other words, every currency needs to have limits.
The advantage of BTC is, we know what this limit is: 21 million. There cannot be more than that. When we reach that magic number, BTCs won’t vanish. They will still be used to purchase goods and services. However, since everybody will know there won’t be any new BTCs at all, their value will increase. Do you think that BTC is a “pricey” currency nowadays? Wait for all of them to get mined – the prices will really increase then.
This may also create another type of inflation but BTC has a solution for that: Satoshi. A Satoshi is the smallest unit of BTC – think of them dollar cents. 1 Satoshi is equal to 0.00000001 BTC – you need 100.000.000 Satoshi to “create” 1 BTC. At the moment, Satoshi is nearly worthless. It is even possible to earn them for free, by using several websites. But when all BTCs are mined and the prices rise, Satoshi will become much more valuable. A service that costs 0.5 BTC today will start to cost 1.50 Satoshi, for example. So, there will be no real inflation: The market will balance itself.
Although, none of these predictions is a “guarantee”: BTC has lots of competitors nowadays and they are all more technologically advanced than Bitcoin. The market and the people may choose to use one of them, for example, Ethereum. In any case, we are sure of one thing: The next 10 years will be the time of cryptocurrencies, whether it is Bitcoin or not.
Who Is Nigeria’s Best Soccer Player of the Decade?
2020 marks the end of what many soccer fans would call the golden age of Nigerian football. Austin Okocha, KanuNwankwo, Daniel Amokachi, Finidi George, and Taribo West were some of the players that highlighted this golden generation while excelling their talents. As such, the legacy of that decade will be long remembered in club careers and national team moments.
While the 2010s led to the emergence of a new football era, the likes of Obafemi Martins, Mikel Obi, and OsazeOdemwingie were already established before the beginning of the decade. However, other players emerged as the decade wore on, leaving indelible marks on the game. We’ve deiced to close the decade with a shortlist of a few best players in different positions on the field over the last decade.
Among these players we can find those who made the secade for the ones who bet on soccer online at one point or the other, we’ve selected them based on impact on their clubs and national teams, titles won and consistency.
Goalkeeper- Vincent Enyeama
Considered as one of the greatest goalkeepers in Africa, Enyeama is undoubtedly the Nigerian goalkeeper of the decade. Enyeamastarted the decade with a league win while with the Israeli side, Hapoel Tel Aviv, before moving to Lille.
After moving to France, Vincent didn’t have a great start, but he soon sprung back to the first-choice goalkeeper after moving back to Israel on load during the 2012/2013 season. The following season, he recorded 11 straight clean sheets for his League 11 games, almost breaking the league record.
Right Back – Efe Ambrose
For the better part of the decade, Ambrose has been the most consistent player in Nigerian football. While he also played the central defender position, he was the ultimate Super Eagles right-back for several years. The defender moved to Scotland in 2012, winning five league titles consecutively.
While playing for Celtic, he took four consecutive league titles, playing over 20 games in every season. The defender was also key to the Super Eagles win of their only trophy of the decade, playing six out of their seven AFCON 2013 games.
Defensive Midfield – Wilfred Ndidi
Since moving to Leicester in January last year, Wilfred Ndidi has increased his strength significantly to become one of the best Premier League midfielders. While with the foxes, Ndidi had an impressive consistency, and he improved significantly to become a world-class Nigerian Player. Ndidi has also been a reliable player for the Super Eagles during the last three years, with the 2019 AFCON under his belt.
Best Overall – John Mikel Obi
While playing at the highest level in European Soccer, Mikel Obi is arguably the most consistent Nigerian player of the decade. Mikel had won every trophy in his club career, succeeding effortlessly at Chelsea in a time when Nigerian football wasn’t enough for the international audience. Even better, Obi played an important role in helping the Blues win the FA Cup, Europa League, Premier League and Champions League.
Top Soccer Betting Sites in Nigeria
Sports betting is one of Nigeria’s most popular pastimes, and considering that Nigeria remains Africa’s most populous nation, job opportunities are increasingly rare to find. Given that Nigeria is a soccer powerhouse, and there are a lot of events throughout the year, more and more people are getting drawn into betting both for fun and also as a career. As you would expect, there is an increase in the number of online bookmakers, local and foreign. If Nigeria soccer betting interests you, we look at the top betting sites in Nigeria in 2019.
NairaBet was founded in 2009, marking a decade of growth this 2019. Operating fully under the Lagos State Lotteries Board regulations, the bookmaker has grown to be one of Nigeria’s most trusted names known for amazing betting features and a reliable 24-hour customer service. Trust NairaBet for periodic bonuses and extensive markets on all events taking place around the world. It is now rubbing shoulders with other foreign-based bookmakers to capture the larger share of the African market.
If you’re looking for an African bookmaker with a European feel, Bet9ja is your sure bet. It offers a friendly user platform designed to allow even newbies easy access and navigation through the platform. It offers users incredible game and player statistics for top soccer matches, and, in addition to that, customers can get free bets through the loyalty scheme exclusive for Bet9ja customers.
#3. Betway Nigeria
Betway’s entry into the African market was timely, especially in Nigeria where it has since established itself among the people’s favorites. Besides offering a handsome welcome bonus for new customers, it boasts an unbeatable range of markets for all sports events taking place around the globe. Betway customers enjoy a full range of livestreaming options right from wherever they are, on mobile, or on their laptops. Worth mentioning also, Betway were among the pioneers of in-play betting.
MelBet entered the market only in 2012, and has seen a significant rise largely due to an extensive marketing and promotions for prospects. It is widely known in Nigeria for in-play opportunities, and even though it does not have the most pleasing interface, it certainly ranks amongst the top sites thanks to its vast coverage of markets.
BetFair is a popular name among soccer betting fans not only in Nigeria but also around the world. Based in Gibraltar, the bookmaker entered the Nigerian market with pomp, luring customers with incredible joining bonuses. Over the short time they have been in the African scene, they have seen an amazing response from customers, particularly owing to their competitive odds and vast market range on all sports disciplines.
If you’re looking for easy betting, 888sport has an easy-to-access app that has been designed to make your betting as easy and straightforward as possible. Now operating in Nigeria and other parts of Africa, it is a foreign-based company growing quickly into the market. It is mainly loved by punters for its quality odds on a host of markets on all events happening everywhere in the world.
How to Prevent Mosquito Bites – Food to Eat
There is no bad situation whereby you are enjoying online casino games on your mobile device you start tussling with mosquitoes. No one ever enjoys an encounter with mosquitoes and some people think that getting rid of mosquito is just all about applying a repellent on your skin. Actually there is a lot that you can do to make sure that you don’t fall victim of the itching mosquito bites that can hinder your progress of playing Casino enligne France games for real money.
There are quite a number of ways of halting the itching and watching what you eat is can be a contributing factor towards to a happy lifestyle. Let’s show you some of the foods that can act as a mosquito repellent and prevent your skin from less-itchy life.
Have you ever heard of citronella? Well, it is a mosquito repellent and lemongrass is the main food source of citronella. Quite a number of researches suggest that infusing lemongrass in your tea or coffee will surely help you to repel the nasty mosquitoes. You can even add the lemongrass to your curry food and you will not have problems with mosquito night bites whilst playing high stake online casino games.
Are you one of those people who believe that a tomato a day keep one away from the doctor? There are quite a number of people that categorise tomatoes as fruits. Those people are not at fault at all. Tomatoes are actually an excellent source of thiamine which really help keep mosquito away from your skin.
We want you well and kicking so that you can be able to play best casinos in usagames for real money. And at the same time we can’t have a small creature like mosquito be an enemy of progress. Therefore, have a lot of the said foods as part of your nutrition and you will be good to go.
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