What affects the price of these cryptocurrencies is the game of supply and demand, since this game is what dictates the price of the currency in question, and this supply and demand can be altered by external agents, which is discouraging news. about the project with which we are investing or any problem that has arisen, most of the time these inconveniences make the currency lose credibility and make people sell at low prices to get out of the currency and therefore the price is seen negatively affected, although not everything is bad as good news causes the currency to rise in value.

For example, entering an important exchange house can make a currency rise in price, an important investment of some famous person also makes the currency have more credibility and therefore the price of this currency rises, summarizing there are many factors that make the cryptocurrencies increase in value or lose it, and many of them are related to the news, and actions undertaken by the leaders of the project in question.

This is very simple since it would not be profitable and also to be able to be a miner you need to invest a large amount of money in devices dedicated to this purpose, these people are not miners overnight since they have been mining for years, apart from the Miners have several challenges to face, such as the constant updating of their equipment, since it is increasingly difficult to mine a coin in question because each time a number of blocks is mined the difficulty to achieve the restart increases.

One of the things that makes us not all miners is energy, since to be able to mine a great power of energy is needed, since these devices have to have an optimal temperature to be able to work, so the energy cost is high.

There are countries where the mining of any currency is not legally allowed, these restrictions are one of the reasons why many people do not dedicate themselves to this trade.

Another thing to keep in mind is that to be a miner you have to be in a constant evaluation of the equipment to carry out the respective maintenance of the same.

Those who are dedicated to this field are people who have thoroughly studied how to get the most out of these machines. surely if you are new to this world it will cost you a lot to make your job profitable.

They are transparent because they are 100% auditable, this means that we can verify all the data from beginning to end, since each block contains all the information we need, these transactions when running on a chain of blocks makes them immutable, which means that They cannot be modified later, nor can they delete transactions from these records, this makes these chains super transparent since in conventional systems transactions, the owner of the system having control of the system can modify at will and handle the figures as they see fit .

In a chain of blocks this is impossible to carry out, that is why the transactions are more transparent and secure, since each block being encrypted would have to have the result of all the encryptions from the initial block to the current block to be able to modify one transaction, not to mention the multiple verification systems that occur to make this an impossible task to perform, as it would take too powerful computing power to be able to do this similar to the computing power of everyone together.