Combining crypto tracking technology with mining to keep a real-time view of your holdings

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Mining cryptocurrency has become a business model for many. It can come with many benefits as the impact of exchange rates on fiat currency are not present. Naturally, you do need energy to mine, which means that you do need to pay for the energy. There are also options such as solar to overcome this, making you even less dependent on fiat. Once you start mining, you will see your holdings grow. At the same time, you are keeping the network safe and secure. With this, you can become a key partner in the ecosystem while growing your holdings over time. But, how do you keep track of it all?

Mining and tracking: a match made in heaven

There are strong cryptocurrency tracker applications out there in the market. These applications allow you to have insight into your crypto holdings with real-time data. One of the additional benefits is the wallet integration. When you are mining your crypto, these will be added to your wallets. By linking these to the tracker through the Public Key, you have a safe connection to the tracker.

Reflection on holding growth

This automatic reflection of your wallet holdings also means that you can see it grow as you mine more. In situations where the blockchain is making use of a Proof of Stake (PoS) consensus mechanism, you will also see your holdings grow when you are validating transactions. This makes it possible to have an automated connection with your holdings via Public Key, enabling you to have real-time insight into all of them.

Accompanying news and information

Next to the real-time crypto exchange rates, you can also see news related to your holdings. This will help you make informed decisions, and also understand the reasons for fluctuations. In the volatile world of crypto, it helps to understand where major changes in exchange rate originate from. For example, a crazy tweet by Elon Musk can do much harm to Dogecoin, so you might want to be notified when this happens.

Complete overview clustered by risk appetite

When mining and investing in crypto, you might have different levels of risk appetite. For example, you can mine Ethereum and keep that for the mid-term to long-term while also having some short-term coins in your possession. Using your cryptocurrency tracker, you can cluster them accordingly and see how they are performing. You might expect that the short-term riskier coins have a higher return. But, is this true? By benchmarking them in this way, you can get insight into the performances and adjust your portfolio when necessary.

Start to explore the world of crypto tracking

Want to learn more about leveraging a cryptocurrency tracker? There are many applications available in the market that can help you. A good example is the Delta app, which is a leader that combines both stock and crypto integrations into a single application. For example, you can integrate with brokers through API and link your Public Key to reflect your crypto holding.