Cryptocurrency

March 14, 2018

Crypto (Bitcoin) Mining: 301

In theory you could achieve the same goal by rolling a 16-sided die 64 times to arrive at random numbers, but why on earth would you want to do that? The screenshot below, taken from the site Blockchain.info, might help you put all this information together at a glance. You […]
March 1, 2018

Crypto (Bitcoin) Mining: 201

What equipment do I need to mine? Either a GPU (graphics processing unit) miner or an application-specific integrated circuit (ASIC) miner. These can run from $500 to the tens of thousands. Some miners–particularly Ethereum miners–buy individual graphics cards as a low-cost way to cobble together mining operations. The photo below is a makeshift, home-made mining machine. The […]
February 19, 2018

Crypto (Bitcoin) Mining: 101

Cryptocurrency mining is painstaking, expensive, and only sporadically rewarding. Nonetheless, mining has a magnetic draw for many investors interested in cryptocurrency. This may be because entrepreneurial types see mining as pennies from heaven, like California gold prospectors in 1848. And if you are technologically inclined, why not do it? Well, before […]
February 14, 2018

Understanding the Top Cryptocurrencies To Invest In

I’m sure you’ve all heard of Bitcoin by now, but what about the alternatives out there? We call them Altcoins in the cryptocurrency world. From Ethereum, Litecoin, Bitcoin Cash to Ripple, there are several different cryptocurrencies for you to invest in. Bitcoin is just the tip of the iceberg. There […]
February 6, 2018

Top Cryptocurrency Prospects of 2018 – Q1 Report

For those that are new to the crypto market, the current drop in prices may scare you. For the seasoned cryptocurrency investor, you’ll know that this same price temporary correction equals buying opportunities everywhere. The majority of coins purchased at these prices will rebound greatly in the coming months. However, […]
January 15, 2018

How Bitcoin Actually Works

How exactly to interpret bitcoin is a matter of controversy – as a currency, a store of value, a payment network, an asset class? Fortunately, leaving the economic debates aside, it’s pretty easy to answer what bitcoin actually is – software. Don’t be fooled by stock images of shiny coins bearing […]
January 14, 2018

What Exactly Is Bitcoin?

Economists, investors, enthusiasts and naysayers love to argue about the nature of bitcoin. Is it the future of money? A hedge against chaos? A pile of cash doused in lighter fluid? The thing is, it’s hard to tackle the big questions unless you know something about the inner workings of […]