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.

Bitcoin is too important to fail

Cryptocurrencies and blockchain technology have the potential to liberate people from oppressive, authoritarian regimes. What about developed nations such as Canada or the United States? Many of the same tools that can help the world’s poor can also help the average Canadian. For example, in Canada, we still pay extortionary

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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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Benefits of Mining Centers and Farms

Cryptocurrencies such as Bitcoin used to be primarily farmed through individual computers using CPUs, then moved to GPUs. CPU stands for Central Processing Unit, whereas a GPU stands for Graphics Processing Unit. With the success of mining cryptocurrencies, there was a need to scale-up the operations from individual computers to

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Your Cryptocurrency Mining Options in 2020

With the current cryptocurrency wave traversing the world, cryptocurrency mining is one of the best options for surfing this wave and making a profit. However, cryptocurrency mining has evolved over the past several years in that it is much more challenging to make a high level of profit now. This

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The Myth Of The Bitcoin Mining Death Spiral

When Mark Twain was on tour visiting London in 1897, an American newspaper mistakenly published his obituary. Twain responded to a reporter’s question about this by saying, “The reports of my death are greatly exaggerated.” Something similar could be said about the fear of lower Bitcoin prices and the halving

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Cryptocurrency Theft: How to Stay Safe and Secure

One of the appeals of the world of crypto is that it is not regulated – there is no central bank! The system leverages decentralized ledgers and extremely powerful cryptography mechanism to update and verify transactions, independently. While its detachment from a central, legal regulator is something to be happy

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Is Proof of Work inefficient?

You must have come across a debate on energy consumption concerning Bitcoin mining if you are well-versed in the blockchain ecosystem. The central idea is that Bitcoin mining is a competitive process that consumes energy. The success of Bitcoin is based upon Proof of Work that was pioneered by the

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Can Cryptocurrency Mining Be Profitable for Companies?

Cryptocurrency mining or bitcoin mining, to be precise, is quickly changing from a hobby for early miners to a game of survival-for-the-fittest. As more people gain interest in mining, the industry has become more popular, and that’s how the business has grown.  However, it is a love-hate kind of reaction

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Understanding Cryptocurrency Colocation Mining

While Bitcoin mining can get a bit high-tech, you do not have to go science fiction to succeed. Terms like colocation might make it sound like that though. In reality, it just provides a way for you to store your equipment offsite, so you do not have to hear noisy

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