Bitcoin is the most renowned cryptocurrency and owing to its popularity it is getting hard to mine day by day. There are plenty of professional miners known as cryptographers mine Bitcoins with dedicated hardware; however there are cryptocurrencies that can be mined on average home computer. They do not require Nvidia graphic cards or other
Read more..Month: October 2017
These days, cryptocurrencies have become the booming trend on the internet. The digital currencies utilize cryptography in order to create decentralized, distributed, and secured information economy. The main purpose of cryptocurrencies is online trading in between two users without any intervention of bank and government. If you are new to the cryptocurrencies and fascinated from
Read more..Bitcoin mining is the process of using computing power in order to confirm the transactions on the public ledger (blockchain). However, Bitcoin Cloud Mining also involves mining, but through remote data center that possesses shared processing power. Cloud mining do not require management of mining hardware. In cloud mining, a miner or users receive lower
Read more..Ethereum is a cryptocurrency that runs on smart contracts. After Bitcoin, Ethereum is the second popular digital currency in the mining industry. Whenever people heard about Ethereum, people relate it with Bitcoin. To clear the smokescreen, here are some of the terms that will beginners to understand Ethereum mining in a better way. Read on!
Read more..Three years ago, Marc Andreessen (Silicon Valley Investor and internet pioneer) explained how the Bitcoin blockchain technology is similar to 1990’s World Wide Web. He predicted the future of blockchain technology by saying that it is the future payment system and it will create a disruption wave in the financial industry. Today, everybody can see
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