you can buy lets say WTI crude with BTC

or gold

or silver

EZ

thats some new shit tbh it works great

poloniex is still the prime time exchange

for cryptos

you want some advice though kid

if you wanna mine

mine zclassic

there arent many coins that are worth spending power on

I thought you need like crazy processing power to mine

its only wrth if you got like networks set up to do it

no

thats for bitcoin

bitcoin is fucking ridiculous

quick rundown : the more people mine the harder the difficulty gets

the less shekels you get for your hashpower

Diminishing returns yeah

but theres different types of coins

see bitcoin is a CPU mined crypto

but now theyve got ASIC's that do the shit

thats application specific components

but back in the day came along the scrypt algo

which let GPU's mine as well

and honestly GPUs just shit all over CPUs with scrypt

then more algos got developed over time

some have a 1:1 ratio for GPU/CPU

some dont

it all depends on your video card

Yeah

there arent many coins that are still worth mining at this point

im mining zclassic because its only worth 9$ and theres not a lot of coins mined

theres calculators thatll let you know your profit

BUT THEN

theres cloud mining

honestly that shit always sounded sketchy to me but the returns dont lie

theyre 2 year contracts that you pay

usually youll get your contract paid within a year

hiring a cloud of computers to mine for you

thats : if the coin price doesnt crash, if the coin doesnt turn into PoS, if the difficulty doesnt fly off the handle