Cryptocurrency is a form of digital currency based on the principle that a coin occupies a block of digital space. A good guess will lead you to the conclusion that the blockchain is simply a digital ledger where the transactions are recorded chronologically and publicly.
Cryptocurrencies for newbies
Enter the world of cryptocurrencies and learn how to get the most of them with MinerGate.
Today Bitcoin Gold is one of the easiest coins to mine! Due to its new Proof of Work algorithm any person with a CPU or GPU can start mining it. This bitcoin fork was created to “make bitcoin decentralized again”.
Mining Bitcoins using MinerGate is probably the easiest way to mine at home. It does not require special equipment or high computer skills, and it is also a fun experiment. It simply requires installing a program and pressing the “Start” button.
Whether you are new to cryptocurrency / digital currency speculations or have been in the know for years, there is no doubt that the industry is experiencing exponential growth. The interest in crypto mining, coin trading and usage to pay for goods and services has never been higher.
So you have an amazing gaming PC that you aren’t using as much as you thought you would? Maybe you want to build or upgrade a gaming PC, but you’re concerned about the rising cost of graphics card? Perhaps you’ve heard about mining cryptocurrency with a GPU?
Hackers have always attempted to manipulate and steal cryptocurrencies from the very beginning. It isn’t anything new and honestly is to be expected with something so novel and valuable. The really beautiful thing about blockchain technology – the easiest thing to understand about it – is that it is practically impossible to hack. Take Bitcoin […]
Most people by now have learned the basics of cryptography-based digital currency, aka “cryptocurrency”, such as Bitcoin BTC. You may even already know that they run on a newly decentralized ledger called a blockchain. All of this still leaves the most common question about cryptocurrency unanswered: Where does the value come from? It may seem […]
If you haven’t noticed yet, we are living in an entirely different world thanks to the advent of cryptocurrencies. There are many individuals around the world who believe in not only the value of cryptocurrencies, but the ethos behind them as well. Every single day more and more people around the globe are being turned […]
Are you interested in mining cryptocurrencies? Are you already mining but still unclear about all of the components at work? Mining is an important and integral part of any “proof-of-work” cryptocurrency. Without mining, there would be no blockchain ledger and the digital currency in question would have no value. So the mining process actually drives […]
If you are new to cryptocurrency or are interested in learning more about the technology behind the increasingly popular field, then this article is for you. Some of the terminology and concepts in the cryptocurrency world are very foreign to most people, and as a wise person once said, “you don’t really understand something if […]