Let’s take a comprehensive look at the burgeoning cryptocurrency industry. We’ll explore the technical aspects of mining, key hardware considerations, important factors for new miners, and best practices for starting your own operation. By the end, you will have a solid foundation of knowledge to make informed decisions about participating in minting digital assets.
Bitcoin was created by the mysterious Satoshi Nakamoto, and has increasingly risen in popularity such that, less than 15 years later, it is no longer a novelty and cannot be written off, or ignored as such! This story explains how Bitcoin, once worth almost nothing (10,000 Bitcoin for pizza anyone?), became that force and how it’s now shaking the foundations of institutional finance around the world!
Cryptocurrency is a fully digital, decentralizedWith normal currency, banks and governments control everything – they’re the central authority. But cryptocurrencies work differently! Instead of one central group calling all the... More money that operates independently from central authorities (i.e., banks, government). Instead of being controlled by governments or banks, cryptocurrencies rely on peer-to-peer networksPeer-to-Peer Networks (P2P) networks allow people to connect with each other directly for sharing things - without going through a middleman. More and encryption to verify transactions and generate currency units.
Shibarium, a layer-2 solution, has recorded a staggering increase of 4,400% in transaction volume within a day, with a total of 748,230 transactions. This dramatic rise signals the extensive utilization of Shibarium, leading investors to foresee high valuations for tokens within the Shiba Inu ecosystem. Since its inception in August, Shibarium has become the go-to platform for SHIB whales and investors, surpassing the 4 million transaction threshold. The platform’s transaction count continues to
Bitcoin, renowned for its proof of work blockchainThink of blockchain as a digital ledger that records transactions in a transparent, tamper-proof way. It's a chain of transaction blocks linked chronologically. More, has experienced significant progress, creating numerous millionaires. Yet, for small-scale crypto investors with limited purchasing power, Bitcoin’s growth potential appears constrained. This is why alternative cryptocurrencies, especially those employing the Bitcoin proof work process, are seen as more promising investment options. Altcoins such as Qubic (QUBIC), Nexa (NEXA), and Firo (FIRO) present intriguing possibilities for retail investor
Bitcoin’s current consolidation around $37k seems to be overshadowing the altcoin market, with the exception of LUNA-associated tokens. However, the ‘altcoin season coming’ could be closer than we think, as suggested by Crypto analyst MoustacheTA who noticed a Golden Cross in the monthly Altcoin market chart. This bullish pattern, which appears when the short-term moving average overtakes the long-term average, has traditionally indicated altcoin rallies, as seen in 2016 and 2020. Conventionally
Redefining the concept of digital sovereignty in today’s digital age, this article addresses the distinction between sovereignty and decentralizationWith normal currency, banks and governments control everything – they’re the central authority. But cryptocurrencies work differently! Instead of one central group calling all the... More in relation to control over one’s online presence. It emphasizes on the idea of digital sovereignty as having the power over one’s online identity without the necessity of an authoritative figure for validation. It also explains that decentralizationWith normal currency, banks and governments control everything – they’re the central authority. But cryptocurrencies work differently! Instead of one central group calling all the... More aims to distribute power across a network, rather than just one entity. The reluctance of tradition
Over the past few months, Kaspa’s native token, KAS, has seen an extraordinary surge in its value, soaring over 70000% from its lowest point. This skyrocketing success has turned the spotlight towards other potential altcoins that could mirror Kaspa’s triumph. Among these, Geeq (GEEQ), an altcoin that emerged in 2020, shows promising prospects with its patented technology and its exclusive payment service, GEEQ Pay. Currently under testing, the introduction of a mainnet could position GEEQ as a
