Anybody with an enthusiasm for bitcoin will have heard the expression ‘cryptographic hash work’ sooner or later or other. However, what precisely does it mean, and how is it associated with cryptocurrency? Hash capacities are a fundamental piece of, of the bitcoin convention, as well as of data security overall. In the accompanying article, we’ll […]
Bitcoin’s price is measured against fiat currency, such as American Dollars (BTCUSD), Chinese Yuan (BTCCNY) or Euro (BTCEUR). Bitcoin therefore appears superficially similar to any symbol traded on foreign exchange markets. Unlike fiat currencies however, there is no official Bitcoin price; only various averages based on price feeds from global exchanges. Bitcoin Average and CoinDesk […]
Self-awareness is bliss, in life and in business. Part therapy, part philosophy, it is a psychological state of mind that carries with it several benefits. For one, the more you know about yourself, the better you are at adapting to changes. The blockchain is no different. Left to its own devices, the blockchain space has […]
Bitcoin, the giant in the world of cryptocurrency, continues to defy all expectations of an early demise and rises higher and higher in value and use. Its adoption as everyday money, however, remains negligent among the common people, almost eight years after the digital currency first emerged. While the title of “ the first cryptocurrency” […]
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 […]
How does mining take place? People are sending bitcoins to each other over the swiscoin network all the time, but unless someone keeps a record of all these transactions, no-one would be able to keep track of who had paid what. The swiscoin network deals with this by collecting all of the transactions made during […]
swiscoin mining is the processing of transactions in the digital currency system, in which the records of current swiscoin transactions, known as a blocks, are added to the record of past transactions, known as the block chain. A swiscoin is defined by the digitally signed record of its transactions, starting with its creation. The block […]
Blockchain innovation can't compose tunes or play instruments – in any event not yet. Be that as it may, it may have the capacity to gu | read more
Anybody with an enthusiasm for bitcoin will have heard the expression 'cryptographic hash work' sooner or later or other. However, what | read more
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Since Nakamoto, no one has advanced this space more than Vitalik Buterin, the 22-year-old child-prodigywho in 2013 began thinking of ex | read more
Bitcoin’s price is measured against fiat currency, such as American Dollars (BTCUSD), Chinese Yuan (BTCCNY) or Euro (BTCEUR). Bitcoin t | read more