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 otherRead more..
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 fromRead 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 lowerRead 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 seeRead more..
Is Bitcoin mining profitable in 2017? The answer to this question is that it totally depends on the miner’s budget and will to spend. Apart from this, it also depends on various factors. So to help, mining calculators were invented. These calculators consider various parameters like hardware cost, electricity cost, and other variables in orderRead more..
Nowadays, Bitcoin is the term that is heard by everyone. As Bitcoin is constantly setting new records and making headlines in the finance industry. Most of the people already know about the Bitcoin and other cryptocurrencies, including Ethereum, Dash, Zcash, Litecoin, and Ripple; however, some are still unaware of this technology. Therefore, to cater toRead more..
Post the financial crisis in 2008, Blockchain emerged and provided its legitimacy to Bitcoin. The digital currency or cryptocurrency follows a peer-to-peer decentralized payment network with no central authoritative control. However, apart from the secured transactions, the blockchain technology also offers a plenty of benefits to businesses too. In fact, the technology works as aRead more..
The hype created around cryptocurrencies and blockchain technology might make small businesses feel low. Therefore, to empower small businesses and enterpreneurs, here are five tips that can empower them to use Bitcoin and blockchain cryptocurrencies financially and for other needs too. Let’s discuss. 1. Using Blockchain for Small Businesses Accept Payments in Cryptocurrencies The cryptocurrency’sRead more..
Nowadays, countries like Japan, Russia, Sweden, Germany, U.K, U.S, and Canada have accepted Bitcoin as a legal currency or mode of payment. Recently, in 2016, ICICI Bank in a partnership with Emirates NBD (Dubai bank) announced that it has successfully completed international trade finance transactions through blockchain technology. Created by a pseudonym Satoshi Nakamoto inRead more..