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.

An Overview of The Advantage of Mining Pools

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

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Can Bitcoin Miners force Invalid Blocks?

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

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Why Do Bitcoin Prices Fluctuate So Much?

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

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The shift of Bitcoin mining from East to West

To become a successful cryptocurrency miner, you need to minimize running costs. Operating in cooler climates and areas with low utility costs are some of the practical ways to reduce the expenses. It comes as no surprise that many large-scale mining operations are active in regions with cooler climates and

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Bitcoin Mining – Is it a waste of electricity?

Bitcoin uses a significant amount of energy to conduct mining. In fact, the amount of energy consumed for electricity is similar to all that the nation of Denmark uses. The question has become, is it a waste of electricity? Bitcoin uses energy that directly converts to money. Can any other

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Bitcoin VS VISA Electricity Consumption Fallacy

Those new to Bitcoin and mining Bitcoin may not realize how controversial energy consumption is within the financial community. Many media have falsely compared the amount of electricity needed to process a single VISA credit card transaction to Bitcoin transactions. The reasoning behind this is that every industry should do

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Is the PoW System Wasteful?

When people think about Bitcoin, they often think about the proof-of-work, which is often shortened to PoW. Bitcoin PoW has been called many things, and one of the things that it is commonly called is wasteful. For those who are saying that Bitcoin PoW is wasteful and expensive, these terms

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What is hodling?

Hodling is a  buy and hold strategy that is most useful in the context of cryptocurrency. HODL is simply a misspelling of the term hold, also a term that is very popular in the world of bitcoin and crypto. So, where did HODL come from? The Origin of HODL The term

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What is Hashing?

So you heard the term hashing, but unless you have a background in computer science, you probably aren’t quite sure what that means. Let’s take a look at hashing in terms of cooking. When we hash something for example, like hash browns, we are chopping up potatoes and mixing them

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