sha-256

All you need to know about PoW-based mining algorithms

by

All you need to know about PoW-based mining algorithms

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. Cryptocurrency is a reward method for maintaining the work of the blockchain network. Blockchain network is a decentralized ledger. Maintaining the blockchain along with obtaining […]

5 GPU’s for cryptocurrency mining in 2018

by

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 […]

Why Businesses Should Accept Cryptocurrencies

by

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 […]

The Most Important Bitcoin HardForks in 2017

by

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 year,  Bitcoin price increased by more than ten times. More interestingly, Bitcoin’s blockchain was forked more than 20 times during 2017. […]

Why Have Bitcoin’s Transaction Fees Skyrocket Recently?

by

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 reasons underlying this rise in transaction fees are rather complex but can be namely attributed to an increased number of transactions and the limited amount of transactions that the […]

What Can You Buy with Bitcoin in 2017

by

Bitcoin is rapidly going mainstream, the price hit another all-time high in November 2017, reaching more than $11000 per bitcoin. Many other cryptos and altcoins have also increased in value vastly this year. But what does this mean in the real world? Are cryptocurrencies still mainly for price speculation or investment or can you actually […]

5 Tips to Maximize your Mining ROI

by

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). […]

The Battle Between PoW, PoS and Other Beasts

by

When you think about Bitcoin (BTC), probably the first thing that comes to mind is mining. It’s probably the most spectacular transformation of a word in result of technological progress. From “a person who digs for gold in tunnels” it transformed into “a person who uses a computer to discover blocks, which will bring rewards most […]