Bitcoin miners provide the critical service of network security. The more power that is added to a network, the more difficult it is to attack. A large hash rate provides the security of the Bitcoin network. The hash rate is the speed at which your mining hardware can process data
Cryptocurrency mining has become one of the most lucrative businesses of 2020. It might seem like an easy way of earning, but the truth is that there is a lot that one needs to learn. There are plenty of variables that need to be considered before one decides to join
Today, to earn a reliable stream of income, many miners join something called a mining pool. This option has been enabled using the open-source mining protocol that is known as Stratum. Stratum was first designed by Slush Pool about seven years ago, and it has become one of the most
Cryptocurrency is currently dominating the global market funds transactions. With the risks faced from hacking and the need to secure fund transfers, Bitcoin is becoming great daily. The rise in Bitcoin mining has led to the vast interest of many joining the platform as miners. There are many software’s such
The world of Bitcoin is a complicated place. It is also growing in popularity. Therefore, Bitcoin finds itself in the spotlight more than it has in the past, with numerous people seeking to understand just how Bitcoin works, how they can make money using it, and why it has become so popular. Bitcoin even
Bitcoin mining rig manufacturing business is becoming more competitive. MicroBT, a Chinese manufacturer, has announced the launch of miners that process speeds of 100 terahash per second (TH/s) and 112 terahash per second (TH/s). Bitmain, another mining rig manufacturer, has also recently announced two miners with speeds of 95 TH/s
One fact: That cryptocurrency scams are on the rise. Yes, since the launch of the first digital coin a few years ago, the journey has not been without controversies. For instance, you may have heard people talk about scammers who steal millions of dollars from unsuspecting investors, both online and
Bitcoin has opened up a new world to many people who have been looking for an alternative way to invest and make money. For those who might not know, Bitcoin is a digital currency. It operates using a distributed network in a decentralized fashion. This makes Bitcoin very different from
When it comes to Bitcoin, there is a lot that people still don’t know how it works. On the surface, Bitcoin can look like a chain of time-stamped blocks; however, it is much more than that. Everyone needs to understand how Bitcoin is a network because it will make the
There are a lot of people who are looking for ways to diversify their investments. One of the ways to do this is to target something called cryptocurrency. This is a virtual currency that exists in the digital world. It operates using a decentralized, distributed network that translates virtual currency
