Sep 06, 2019 at 13:24
How to Understand Bitcoin’s Hash Rate?
To succeed in the world of Bitcoin and Blockchain one needs to know a lot of relevant tech terms and their implications. Whether you are an investor, a writer, programmer or creator these terms are still essential for your basic success in the industry. The industry has a few thousands of complex terms. One of those is the Hash Rate. Luckily we shall introduce it here and explain its implications.
Aug 24, 2019 at 12:51
Ukraine Incarcerates Illegal Bitcoin Miners at Power Plant
The Ukrainian security authorities have detained cryptocurrency miners at a nuclear energy plant. The Security Service of Ukraine (SBU), the law-enforcement agency and primary government security body in the fields of counterintelligence operation and fighting terrorism, arrested many people for illicitly mining Bitcoin and other digital assets at the country’s nuclear power plant (NPP).
Aug 24, 2019 at 10:38
How to Identify Whether a Cloud Mining Platform is a Scam?
The use and adoption of blockchain and cryptocurrencies including Bitcoin, Ether, Ripple and others, has continued to grow worldwide. Nevertheless, a lot of cryptocurrency maniacs cannot manage to purchase expensive paraphernalia to carry out mining and that is the reason why they decide to seek other best alternatives such as cloud services, that can properly work for them.
Take Part in Decentralized Diamond Mining: iCoin IEO in Progress
Diamonds are one of the most expensive gemstones in the world. Formed from the same coal we use to warm our homes, millions of years of heat and pressure underground moulds them into the crystal we see today. Diamonds have multiple uses, traditionally symbolizing one’s commitment to another in marriage, and in modern times as an ultra-hard cutting edge of a scalpel.
Difference Between Cloud Mining and Pools
Cloud mining provides an established system to mine a digital asset like Bitcoin, Ethereum, Ripple, etc. without installing all the hardware and other necessary equipment. There are some firms which enable people to create accounts with them and go ahead to take part in the practice of mining for a simple cost. The practice enables the process to be globally accessible by massive participants. There are so far 3 models including hosted, virtual host and leased hashing power.
3 Major Ways to Earn Money While Investing in Cryptocurrency
Cryptocurrency gets more widespread as the days go by. Unlike traditional financial systems, cryptocurrencies offer better security and transaction speeds. More importantly, however, you can make some money using them as well. Here, we shall review the 3 major ways of making money in cryptocurrencies.
Bitcoin is on the Verge of Becoming Centralized
Today, Bitcoin mining activity seems to be a hurdle for most anonymous participants due to the massive competition originating from the giant pools. So far, some of the biggest miners we have in the industry include BTC.com, F2Pool, AntPool, BTC.TOP, Poolin, Huibi.pool, SlushPool, ViaBTC and many others. However, the largest share of about 40% is currently taken by only three companies, of which two of these (BTC.com and Antpool) are managed by one company (Bitmain). This has brought a lot of queries in the blockchain and digital asset industry and has left people thinking that the flagship crypto is on the brink of becoming a centralized cryptocurrency.