D-Central's Articles

Our articles talk about Bitcoin from top to bottom. We explore all general concepts and more specific concepts related to Bitcoin mining.

The Economics of The Bitcoin Hash Rate

The bitcoin network first came into existence on the first week of January 2009 by one Satoshi Nakamoto. It was not the first cryptocurrency but it certainly has risen to be at the forefront of the industry. Bitcoin is an intriguing computing paradigm that utilizes dedicated hardware to abstract out

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Identifying your ASIC miners issues and how to fix them?

ASIC is a short word for Application-specific integrated circuit. ASIC is a device designed for one purpose of digital mining currency only, and it runs complicated calculations searching for a unique number. In proof of work systems like bitcoin rewards, the first person to find the number. All of this

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Can We Bruteforce a Bitcoin Private Key?

A bitcoin private key is what allows you to access the Bitcoin associated with a particular address. Once you know the private key, you’re able to access all of the money within an account, whether it is yours or not. Using brute force, can you obtain a Bitcoin private key?

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The global Bitcoin race has begun

Up until now, Bitcoin has been known as a digital currency and investment for individuals. However, the year 2020 marks a significant change in how Bitcoin is being used as an investment asset. For the first time, companies are starting to get in on the potentials of Bitcoin. Business strategy

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Bitcoin and the many virtual worlds

In October 2008, Satoshi Nakamoto released a paper called Bitcoin: A Peer-to-Peer Electronic Cash System. The article laid out the essential principles that defined Bitcoin as a product and developed an electronic system that eliminated the need for a central authority to have safe and verifiable transactions. Through public-key encryption, a

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What are Bitcoin Mixers?

Bitcoin has been around for a while now. Being the primary cryptocurrency on the market, one of the things people have loved is that it was hard to trace back to anyone’s identity. It is possible though Bitcoin addresses can be traced back to a particular user, and that is

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The Amazing Increase in Speed of ASIC Miners

With the halving of Bitcoin reached again, there was no question that miners needed to speed up. If miners could not keep up with the increased competition, they would be eliminated by default. The SHA256 hashrate expectations have continued to push application-specific integrated circuits development faster. Both 2019 and 2020

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How to mine bitcoins with your Litecoin Mining Hardware

It’s no secret that Litecoin’s mining profitability has fallen dramatically over the past two years. One likely phenomenon is that we’ve seen a significant loss of Litecoin against traditional currencies and Bitcoin. As a result, many mining facilities find themselves struggling with Scrypt mining equipment, unplugged, rather than mining Litecoin

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How to Encrypt Messages with PGP

Technological advancement has opened new avenues for hackers. Today, people are very insecure about sending private messages as they are unsure of security. Are you wondering about the best method to send a private message? There are numerous ways, but the most popular encryption method in this digital era is

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Bitcoin, deflation and the coming monetary renegotiation

Critics of Bitcoin claim that while inflation is bad, the alternative is much worse, deflation. While falling prices are commonly referred to as deflation, deflation formally decreases the supply of money or monetary substitutes. Deflation is not a fall in prices per se, but a monetary phenomenon that sometimes lowers

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