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.
The people who adopted Bitcoin earlier, benefited a lot from it, especially during the cryptocurrency bubble in December 2017 when they saw weighty block rewards and massive gains from this money-spinning new venture. The time when Bitcoin had just surfaced, its mining was relatively cheap, but when its price and popularity started to increase uniformly, the mining difficulty followed suit. Now, pools appear to be a big deal for crypto investors who want to venture into mining.
It goes without saying, that the Bitcoin network needs a significant help to maintain the platform in service. Bitcoin miners successfully cope with this task by verifying newly-created blocks of transactions. In return, they get rewards for their efforts. But how much time do they spend on mining a Bitcoin?
A poker room built on blockchain technology, CoinPoker is a well and truly on its way to revolutionizing the concept of online poker with the launch of the first Crypto Series of Poker (CSOP). These daily tournaments will take place between May 27 and June 3, offering a total prize pool of ten million CHP (the official cryptocurrency of the platform).
As the practice of the last few years has shown, the powerful potential that the crypto currencies are endowed with, allows us to ensure decentralization and security of money operations in the modern world. But nowadays there is still no single currency that could be considered universal in the mass market and unite a multi-million audience in the global community.