There is no doubt that mining is the backbone of every cryptocurrency. Whether it is on a mobile phone, ASIC, or hardware in the Cloud, it is these computations, big or small, that make the transactions of users possible. Here is an up-to-date review of the CryptoNote mining scene.
Dear miners, We are glad to inform you, that recent issues with Bytecoin withdrawals were finally solved. Starting from now you can transfer all your BCN funds to the Freewallet and operate them off-chain as any other supported cryptocurrency.
There have been many algorithms discussed and proposed over the years in the cryptocurrency space. There are many arguments for and against each Proof-of-Work algorithm, however, we’ll discuss two most widely known of them – CryptoNight and EquiHash.
2018’s Summer is very hot because of forks, happening to most the popular cryptocurrencies. We’ve collected information about the forthcoming and recently happened forks of different coins for you to get the lay of the land.
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.
Bytecoin Development team reports an unusually high network load which leads to delays in transaction processing. BCN withdrawals are temporarily unavailable. All initiated transactions are kept in a waiting line and will be processed accordingly once the network issue is resolved.
Blockchain tech has been making waves as it is rapidly implemented into business models, governing systems, and educational endeavors all over the world. There is no question that this tech, which was born as the driving force of cryptocurrency, is fundamentally changing the world. However, with the inherent need for transparency that blockchain can provide, […]
Bytecoin’s BCN price soared during the preceding month scoring a 312% rise in its value, even though bitcoin has been witnessing a relatively powerful bearish wave during most of this period. Even more, Bytecoin is one of the cryptocurrencies whose price are expected to reach higher levels in 2018 for many reasons, especially that the […]
Even though Bitcoin was initially thought of as a highly anonymous method of payment, the truth is that the privacy options offered via Bitcoin’s blockchain even when coin mixing processes, such as CoinJoin, are used are far from being perfect. Later on, many cryptocurrencies were created to solve Bitcoin’s anonymity flaws in an attempt to […]
You lined up your racks, you aligned those miners, powered the risers and everything is buzzing nicely, hashing around and, most importantly, drawing power each and every second. The power that costs a lot of money. The power that must be converted to revenue, otherwise all your gear is just scrap iron (and some plastic). […]