Cryptocurrency can be overwhelming. Terms are thrown back and forth, making it difficult to understand the conversations. Many people invest without taking the time to understand the key terms. You can be more successful with Bitcoin and the entire cryptocurrency market when you’re more familiar with the terms used. We’ve
The industry of mining bitcoin has become one of the most lucrative businesses in 2020. The process of mining bitcoins requires the participants to have a miner with a good host. Given the competition in the industry, finding the perfect miner can be challenging. Various companies have dedicated their resources
During the past few years, there has been a tremendous amount of growth in the way people handle virtual currency. Cryptocurrency has grown by leaps and bounds and has given rise to one of the most popular forms of virtual currency in the world, which is called Bitcoin. While some
There have been a lot of changes in the global economy during the past few years and one of the biggest adjustments has been the development of something called cryptocurrency. Of this field, Bitcoin is leading the way. For those who might not know, Bitcoin is a digital, virtual currency that
To understand the link between cypherpunks and Bitcoin, one must first understand the history of the cyberpunk movement. One could argue cyberpunk began in fiction with the writings of authors like Isaac Asimov or that it started with the ARPAnet. The first cyberpunks fostered the development of what became the
When Bitcoin first launched, mining was incredibly profitable with few competitors, and in it’s most profitable phase. Supply was abundant with only a few miners, so blocks could be solved quickly and efficiently with the miner reaping the rewards with low effort. Fast forward over a decade, and that is
When crypto mining started, it was mostly individual crypto miners using their small mining set up known as the “mining rig”. These were mostly located at their home. These individual mining rigs used CPUs (computer processing units) or GPUs (graphic processing units) to generate enough computer processing power required to
During the past few years, there has been tremendous growth in the world of cryptocurrency. Without a doubt, the leader in this venture is Bitcoin. For those who might not have heard, Bitcoin is a digital currency that is traded across a decentralized, distributed network. This means that there is
One of the biggest aspects of any currency involves how it is regulated. With the growth of digital currencies, this topic has been thrust into the spotlight once again. The idea of regulation with respect to digital currencies has been a major focus of debate. While this might not have
Recent developments involving the Lightning Network (LN) have catapulted the capabilities of the second layer of Bitcoin compared to traditional payment systems. The new integration of LN micro-payments by Blockstream via its satellite network for the dissemination of Bitcoin data, as well as the proliferation by TxTenna of a GoTenna
