As only few people know how to mine Gold from earth, similarly only some people understand the creation of Bitcoin, means how Bitcoin is mined. The term ‘mining’ is used by the cryptocurrency loyalists or community. Beginners or new cryptocurrency investors have just heard this word, while don’t get the complete meaning of this word.Read more..
Most people take part in cryptocurrency mining with the simple goal of making money. But how many actually get into the details of cryptocurrency mining and try to understand the nuances of the mining industry? No wonder, many of us end up disappointed as our final earning stands nowhere close to the expectations set atRead more..
Released in the year 2009, Bitcoin is the first most established and treasured cryptocurrency in the market. However, it is not single in the town. In 2011, Bitcoin is followed by Litecoin that is launched by a former Google engineer, Charles Lee. He also helped in founding the renowned digital currency exchange, Coinbase. Litecoin isRead more..
The last few months have been a rollercoaster ride for digital currency enthusiasts. In December 2017, after rising to high $19,205, Bitcoin (the world’s most popular cryptocurrency) shed almost half of the value in merely 60 days. In the mid of February 2018, Bitcoin surpassed the past $10,000 price mark. In addition, Ethereum and LitecoinRead more..
With the time, the number of dark pools (known for the anonymous transactions) have been increased in the crypto markets. As per the WSJ report, the decentralized dark pool, namely Republic Protocol is known for Ether, ERC20 tokens, and Bitcoin atomic trading. It has raised around 35,000 Ether worth $33.8 million from the cryptocurrency hedgeRead more..
The previous year was quite a landmark year for cryptocurrency ecosystem as a whole. The constantly soaring prices of the Bitcoin drove more and more people towards investing in cryptocurrencies. Whether this trend will continue in 2018 remains to be seen; there are however certain developments which are likely to shape the future of cryptocurrenciesRead more..
Today, traditional cryptocurrency mining operations are huge. Bitcoin and Ethereum mining consumers a large amount of energy that is equivalent to the energy consumption of Nigeria. A country that has around 180 Million inhabitants means around 2 percent of the total population of the world. It is predicted that this percentage will increase and becomeRead more..
The Bitcoin bubble has finally burst, it seems. Just like DotCom, the bottom has fallen out and investors are left confounded. However, one should not give up hope as yet. Most of us have overlooked the true purpose of cryptocurrencies. They are much more than just alternate currencies, taking the place of fiat exchanges inRead more..
Chinese regulators have suddenly decided to impose a control on cryptocurrency mining. The main reason behind this shift in paradigm has been the President’s concern that there are huge economy-risks involved because of this mining. There has been a decade of ups and downs in stocks and real estate prices as a result of BitcoinRead more..
The status of cryptocurrency is ambiguous in many parts of the world. Some governments have embraced it and others are wary of it. As such, it is interesting to look at how the currency stands in Indonesia. In May 2017, a cryptocurrency conference was organized in Jakarta. The event was attended by fans of digitalRead more..