Cryptocurrency mining involves using a computer, or several computers, to validate transactions on a blockchain. Technically, these computers solve cryptographic equations and record data in a digital ledger. The more computers solving equations, the faster the blockchain can validate transactions.
One of the steps you need to take before learning something is clear the air around the terminology on the matter. To ease you with the cryptocurrency topic, BT-Miners created a glossary of the most important crypto terms.
If you’ve seen serious success in the cryptocurrency market, reinvesting is your best bet. These are some of the best ways to use that money in the future.
The first episode of the “Bit Talk” podcast discusses recent developments in the world of Bitcoin. Hosted by Akiba and James from CryptoSlate as well as Bitcoin pioneer Nick from Mercury Wallet, the podcast is a bite-sized, easy-to-consume bi-weekly overview of the Bitcoin network.
Recently, a member of one of the oldest Bitcoin (BTC) forums, bitcointalk.org, sought to find the oldest or first miner. To everyone’s surprise, an anonymous member posted a signature that dated back to January 2009, a week after BTC was launched.
Demand for Application-Specific Integrated Circuits (ASICs) miners, specialized cryptocurrency mining rigs, has increased significantly in Q4 2022 in Russia, as reported by a local news outlet Kommersant. The surge in demand was driven by low equipment and electricity prices, the report added.
Major cryptocurrencies, after reeling under intense pressure from the FTX contagion resulting in a prolonged crypto winter and a string of bankruptcy protection filed by crypto firms, traded in the green on Tuesday.
Fiscal policies, economic growth indicators and inflation rates have no impact on the direction of Bitcoin. These factors usually affect the value of national currencies, which, unlike Bitcoin, are issued by the central bank or backed by governments.
Another new week is ahead. To help you on your way, we've listed the biggest crypto news of the past week. In this edition we again see problems with what crypto companies pass by, and an interesting bitcoin price prediction is also made.
Although Bitcoin (BTC) mining remains a controversial topic, it’s becoming more common to hear how Bitcoin mining can help balance grid demand. This is being demonstrated in the state of Texas, as Bitcoin miners are able to participate in demand response programs, which incentivize miners to turn off their operations during peak demand.
Bitcoin mining is carried out using specialized processing equipment, and miners are paid in Bitcoin in exchange for validating transactions on the blockchain by resolving a challenging problem known as a "hash."
Cryptocurrency mining involves using a computer, or several computers, to validate transactions on a blockchain. Technically, these computers solve cryptographic equations and record data in a digital ledger. The more computers solving equations, the faster the blockchain can validate transactions.
One of the steps you need to take before learning something is clear the air around the terminology on the matter. To ease you with the cryptocurrency topic, BT-Miners created a glossary of the most important crypto terms.
If you’ve seen serious success in the cryptocurrency market, reinvesting is your best bet. These are some of the best ways to use that money in the future.
The first episode of the “Bit Talk” podcast discusses recent developments in the world of Bitcoin. Hosted by Akiba and James from CryptoSlate as well as Bitcoin pioneer Nick from Mercury Wallet, the podcast is a bite-sized, easy-to-consume bi-weekly overview of the Bitcoin network.
Recently, a member of one of the oldest Bitcoin (BTC) forums, bitcointalk.org, sought to find the oldest or first miner. To everyone’s surprise, an anonymous member posted a signature that dated back to January 2009, a week after BTC was launched.
Demand for Application-Specific Integrated Circuits (ASICs) miners, specialized cryptocurrency mining rigs, has increased significantly in Q4 2022 in Russia, as reported by a local news outlet Kommersant. The surge in demand was driven by low equipment and electricity prices, the report added.
Major cryptocurrencies, after reeling under intense pressure from the FTX contagion resulting in a prolonged crypto winter and a string of bankruptcy protection filed by crypto firms, traded in the green on Tuesday.
You’ve probably heard the term “crypto mining pools” before but may not have fully understood what it means. Read this guide to learn more about them.
Fiscal policies, economic growth indicators and inflation rates have no impact on the direction of Bitcoin. These factors usually affect the value of national currencies, which, unlike Bitcoin, are issued by the central bank or backed by governments.
Another new week is ahead. To help you on your way, we've listed the biggest crypto news of the past week. In this edition we again see problems with what crypto companies pass by, and an interesting bitcoin price prediction is also made.
Although Bitcoin (BTC) mining remains a controversial topic, it’s becoming more common to hear how Bitcoin mining can help balance grid demand. This is being demonstrated in the state of Texas, as Bitcoin miners are able to participate in demand response programs, which incentivize miners to turn off their operations during peak demand.
Bitcoin mining is carried out using specialized processing equipment, and miners are paid in Bitcoin in exchange for validating transactions on the blockchain by resolving a challenging problem known as a "hash."
