Why Use Cryptocurrencies? Cryptocurrencies are a form of money specifically designed to take advantage of the architecture of the internet. Instead of relying on a standard financial institution to guarantee and verify transactions, cryptocurrency transactions are checked, or “confirmed,” by the computers of the users on the currency’s network. The computers that verify the transactions […]
This past year I have received a lot of emails asking me about how to mine a cryptocurrency. There are lots of good guides out there for setting up real mining rigs. I used this consolidated guide last year but I recommend Cryptobadger for all current setups. But if you really want to just test […]
I would go for a change and talk about Bitcoin mining instead of alternate coins, like Litecoin. There are certainly some big hype surrounding it. Bitcoin mining is different from alternate coin mining, as there are application-specific integrated circuit (ASIC) chips designed specifically for the sole purpose of mining Bitcoin. Mining requires a lot of […]
One year ago, with ASICs introduced for Bitcoin mining, GPU miners for SHA-256 algorithm are dead, with a high end Radeon card cranking out a fraction of a Bitcoin each day. The shift for Bitcoin mining to ASICs mirrors the shift from CPU mining to GPU mining. But for alternative coins which doesn’t hash with […]
Scrypt is the name of a cryptographic algorithm. The original Scrypt algorithm was created by Colin Percival, for an online backup service called Tarsnap. The technical definition of the Scrypt algorithm is that its a ‘password-based key derivation function’, which means that it derives a secret key from a password. Percival deliberately designed the algorithm […]
What you get as a networker Swis concept, offers all members, a unique chance for serious earning potential. We value your performance. Swis Rewards incentivize the success stories. We award such as Faster and Super Faster bonuses: Being part of this exclusive circle comes with Rewards, Luxury items such as International Tours, Cash Bonuses, and […]
Swiscoin is a currency that appeals to a variety of different people for hugely differing reasons. 1.For its growing base of consumers, it offers a currency that is not controlled by any central bank, and can be spent freely across borders with little regulation or limitation. 2.For economists and technology enthusiasts, it represents a hugely […]