There are several important concepts behind cryptocurrency. The first and most basic is security. We believed that trust between users was secured by the system. And this concept has justified itself. But there are still exceptions. Despite ETC’s claimed primacy of code, it was subject to a 51% attack. This is unfortunate and resulted in […]
Smart contracts is a feature that is mentioned in almost every blockchain-related discussion. Indeed, the technology turned out to be extremely handy for many influential institutions and is widely considered to be the future of day to day transactions. However, it still produces a certain amount of confusion. In this article, we will tell everything […]
This year has been an eventful year for forks. We have seen excitement build over and over again as a barrage of forks came our way from every corner of the cryptocurrency community. Monero, in particular, saw no less than 5 forks in just a few past months. Here we will look forward to the […]
2018 is the year of disillusionment and understanding for all those new to cryptocurrency. There is a lot to love in this new financial paradigm. We have finally learned to use this new shared monetary system and far from leaving it, we are in fact adopting it rapidly. It is only a matter of time […]
With the recent boom in the cryptocurrency market, many users in the community have begun to mine coins as a great way to supplement their income. Mining is the process of using GPUs (graphics cards) to essentially “mint” new coins through a process called PoW (proof of work). One of the most profitable coins to […]
MinerGate is happy to inform its users that recently there was a significant update of the Ethereum ETH mining pool with enhanced stability, adaptive job difficulty and higher profitability for miners. You may find more information and join your workers here. MinerGate continues to work on improving other pools and will notify you of all […]
Ethereum, the world’s second-biggest cryptocurrency by market capital, exhibited massive growth in 2017, as its price increased by more than 12,000%, rising from $7 in January 2017 to around $860 towards the end of 2017. Interestingly enough, cryptocurrency enthusiasts and technical analysts believe that Ethereum has the potential to grow even more than $1350 in 2018. As such, Ethereum would be a […]
2017 was a year of many emotions and updates that managed to increase interest in cryptocurrency. Both dramas increased the capitalization to 500 billion dollars.
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). […]
Recently, Bitcoin is known as a valuable asset. 1 Bitcoin (BTC) is worth more than 1 ounce of gold. Bitcoin price now is trading over 4,000 USD, which attracts more speculators, investors, as well as newbies come into the market. Bitcoin price once reached 5,000 USD per BTC in the early September 2017.