Cryptocurrency is a digital currency that is experiencing rapid acceptance and expansion. The word “Crypto” refers to the advanced techniques of Cryptography. Cryptography generates coins and tokens that are used as a digital currency for online trade and transactions. It also ensures that all transactions are secure and safe. Bitcoin was the first Cryptocurrency that came into existence, but now …
Cryptocurrency mining is an exciting and lucrative process. However, it is also challenging due to the fierce competition in the market, especially when it comes to Bitcoin mining. So how long does it take to mine a Bitcoin, and how profitable is it? Mining in the Past Bitcoin first appeared in the market back in 2009, and initially, it was …
The best Bitcoin mining hardware changes every year. New technology comes and takes over the previous one making the later obsolete. Despite the profitability and a way to build passive income, your Bitcoin mining equipment might incur severe losses. On its inception, Bitcoin Mining was a simple task and any home computer or low-end laptops could easily take part in …
Read moreBest Bitcoin Mining Hardware – Guide to ASIC Miners
Crypto enthusiasts often search for the best Cryptocurrency to mine, to make their mining activity profitable. What exactly Cryptocurrency mining is, and why some Cryptocurrencies are better than others to mine. Introduction of Cryptocurrency Mining Cryptocurrency mining is the process of checking whether transactions follow the network’s rules or not and is a vital feature of any Cryptocurrency. Duties and …
Whether Bitcoin mining is profitable or not, depends on different factors. Making a profit from Bitcoin mining has become a costly and painstaking task. With massive competition and ever-increasing mining difficulty, it is getting harder to enter the market. Without any doubt, the interests in Cryptocurrencies have skyrocketed since 2016, as the total Crypto market capitalization went over $700 billion …
Deciding whether is it good to invest in Bitcoin right now might be frustrating. With constant price volatility and ups and downs in the market momentum, many investors are hesitant to put their money in the market. After the fall from the peaks of $20000 back in Jan 2018, Bitcoin has been struggling to achieve the same hallmark. The previous …
With the Cryptocurrencies going mainstream, it is not surprising to see that Google searches for “who accepts Bitcoin” have skyrocketed. Today, having an operational Bitcoin wallet is not rare. From banks to financial institutions, many companies have integrated one or another digital currency into its payment system. Whether it is to gain higher liquidity or to use the integration as …
Searching for what happens when all Bitcoins are mined? You have landed on the right place! Bitcoin is a digital asset and powers a decentralized financial economy. It features similarity to gold except for the fact that it is a virtual asset rather than a physical one. What happens when Bitcoin mining ends is a favorite question for many novices …
Can bitcoin account be frozen is a popular query by people planning to enter the Crypto sphere. Honestly, why should they hesitate to look for it when such a scenario can cause loss of funds. Bitcoin is a decentralized Cryptocurrency and works via a peer-to-peer network. It eliminates the need for third-party to transfer funds from one person to the …
Have you send a Bitcoin transaction and are now waiting for confirmations? How long does Bitcoin take to transfer entirely depends upon the network congestion. It can be from a few minutes to even hours or days, depending on the fees and size of mempool. There were instances where people have to wait for two weeks to get their transaction …