The year of Bitcoin creation is 2009. This cryptocurrency managed to implement innovations in the financial markets and economics in general. This coin is produced by many computers spread around the world. Now, this is an approved payment method, but this cryptocurrency isn’t regulated by any country at all. There are a lot of people […]
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The interesting Bitcoin mining history In the beginning, Bitcoin was a single cryptocurrency that was interesting only for groups of enthusiasts. Now, this digital asset is more than an interesting project. A lot of people made mining and cryptocurrency trading a full profession. In the beginning The first miner was Satoshi Nakamoto, who is the […]
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Situations, when we don’t get any reward for the complete block, occur very often. This is bad but this is also understandable because some blocks are not included in the Blockchain. In some cases, we have a smaller reward than usual. What are the reasons for this situation? Can we increase our chances to have […]
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Litecoin is amongst the top coins of today, and it’s traded in large quantities daily. What new arrivals don’t realize is that you’ll have to store this money somewhere once you buy it. Well, paper wallets are one of the best ways to store your Litecoin savings, and any crypto savings, for that matter. But […]
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Bitcoin is a very promising asset. Its price grows, and it becomes more and more popular in different spheres: business, trading and private transfers. Naturally, the best method to get cryptocurrency is to mine it. It allowed to get Bitcoin almost for free. Now, this process is more expensive and not as profitable as earlier, […]
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Cryptocurrency is a very popular topic among people around the world. Some of them say that this is the biggest technological breakthrough since the internet. Others believe that cryptocurrency is a fraud. However, the number of people who can explain this term is very small. What is it? What is cryptocurrency? This word consists of […]
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Cryptocurrency brings a lot of opportunities. All of us heard how much other people could earn via trading or mining this asset. Most lucky stories were real luck. Some years back, it was really easy to create a huge equity using Bitcoin or other cryptocurrencies. Now, you need to have experience and certain knowledge if […]
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Hashrate or hashing power are not familiar words for an average person. Many people don’t know what it is and Google it. Naturally, the question “How to determine hashing power?” is even less familiar than “What is it?”. Hashrate: What is it? Hashrate or hashing power is a unit that can describe how powerful certain […]
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Cryptocurrency is a very popular category of financial instruments thanks to the news where people who managed to become millionaires after the growth of this asset. These news are less popular, but there are a lot of people who can really become very rich thanks to cryptocurrency. Is mining so beneficial now? How popular is […]
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If you think that it is too late to mine Bitcoin, you can choose alternatives. One of the best of them is Litecoin. That’s why, if you want to mine, nothing can force you to give up. One aspect of this process is setting up the miner. This task is associated with many other aspects. […]
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Nowadays, mining is going to the past because new consensus technologies have been created. However, there are a lot of new cryptocurrencies based on the old mechanism. That’s why you can mine them and earn some income. You need to find new coins regularly because of the difficulty of mining and spendings associated with it […]
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The amount of money that you can earn completely depends on the productivity of your miner. How can you check this? The simplest way is to use a benchmark. This is an application developed to check the speed of mining. This is a type of program that allows you to find the best settings for […]
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