For the past 10 years since Bitcoin was introduced to the world, people all around the globe have more or less got used to some classic model of cryptocurrency existence.
Dear miners, Today MinerGate is pleased to announce the launch of its brand-new SHA-256-based pool for Bitcoin (BTC) mining.
2018 is the year of disillusionment and understanding for all those new to cryptocurrency.
If you haven’t noticed yet, we are living in an entirely different world thanks to the advent of cryptocurrencies.
No matter how optimistic some might have been regarding Bitcoin’s growth in 2017, the market’s bull-run, throughout the year, took price to a yearly high that exceeded the most hopeful predictions.
During the past few weeks, bitcoin’s transaction fees have markedly increased and today, it typically costs around $20 to send a payment across bitcoin’s network.
The drama that accompanies this story is described as joys, sadness, and nervousness, but if it is true, Bitcoin closes 2017 with a price of more than $ 15,000! It is multiplied by 15 from the initial price of $ 997.
Bitcoin is rapidly going mainstream, the price hit another all-time high in November 2017, reaching more than $11000 per bitcoin.
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.
When you think about Bitcoin (BTC), probably the first thing that comes to mind is mining.