How the Halving Process Affects the Bitcoin Currency?

The price of Bitcoin surged 50 percent pas 6 months. This is based on the chronological halving that occurred in 2012. The crypto currency miners need to show proof of work before getting block rewards for mining Bitcoin and deciphering cryptograms. The block reward stood at 50 BTC when alleged Bitcoin inventor Satoshi Nakamoto enforced

Event Report: Bitcoin Wednesday Amsterdam

The first Wednesday of every month in Amsterdam offers a unique opportunity for every bitcoin and blockchain enthusiast. This month, I took the opportunity to attend this event and to share with you information about what happened and what was discussed. Read this article to read more about what was presented, who was speaking, and

Gambling With Ether

Ethereum, a smarter currency Ethereum is a cryptocurrency platform that was initially presented by, then 19-year-old, Vitalik Buterin in 2013. The official launch of Ethereum occurred in 2015 after a very successful initial crowd sale. Ether, the token currency fueling Ethereum, is very similar to Bitcoin in that it is a decentralized cryptocurrency that publishes

What does Ethereum’s Proof of Stake algorithm mean for miners?

Ethereum is a cryptocurrency platform that was initially presented by, then 19-year-old, Vitalik Buterin in 2013. The official launch of Ethereum occurred in 2015 after a very successful initial crowd sale. Ether, the token currency fueling Ethereum, is very similar to Bitcoin in that it is a decentralized cryptocurrency that publishes all transactions on the

Alt-coin trading speculation ~ End of June

The month of June witnessed some incredible hikes in Alt-coin prices and record heights in the total market cap. The question this month is; will this trend continue despite Ethereum’s flash crash? If so, will good currencies begin to surface or will we keep experiencing volatility in obscure cryptos? The market continues on a buying

Speculation: Bitcoin could reach $250,000 in 2020

If a person who spent $10 back in 2010 to buy a pizza invested that money on Bitcoin, he would become a millionaire having $10 million by now. This fact clearly explains the price hike of Bitcoin. Digital currencies are considered as the future ad they are gradually in the process of replacing traditional currencies.

Mining Guide for Various Cryptos

There are similar guidelines for all crypto currencies whether this is Altcoin, Bitcoin or Ethereum. The cardinal rules are practically the same. Mining can be done single-handedly or through a mining pool. A pool consists of miners who put together their resources and share rewards. Speed is Important Sophisticated mining requires specialized special hardware. Otherwise,

Gambling vs. Investing in Cryptocurrencies

I’ve seen a lot of people asking the question, “Is investing or gambling a better way to earn cryptocurrencies?” If you have been asking the same question, then keep reading. I will discuss the basics behind each approach so that you can choose what best works for you. What is gambling? Simply stated, gambling is

Reasons why Ethereum might be the new Bitcoin

“The Flippening” is a loose term being used more and more in cryptocurrency discussions now-a-days. Bitcoin has remained the world’s largest cryptocurrency, both in valuation and in application, since its inception several years ago. To date, there has been no coin with the capacity to overtake Bitcoin. Many argue this has changed now that Ethereum