ASCI or Application Specific Integrated Circuit Machines have appeared in the Bitcoin mining market. The first machine arrived at a miner’s home at the end of January, and since then there have been reports of shipped ASCI machines making their way into bitcoin mining rigs. Since ASCI machines are designed specifically for Bitcoin mining, they …
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How to understand Bitcoin?
A Guide to Understanding Bitcoin and Cryptocurrency? Although Bitcoin is one of the most searched terms (according to Google), it is a very technical topic for many people and can become too technical for non-humans. However, there are now hundreds of cryptocurrencies and more and more people are starting to want to know how they …
Will crypto-based e-commerce wipe out the banking industry dinosaur-style?
Banking as we know it, has been around since the first currencies were minted – perhaps even before that in some form or another. The monetary unit, in particular the coin, grew out of taxation. In the early days of ancient empires, an annual tax of one pig might have been reasonable, but as empires …
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Definition of Bitcoin
Bitcoin is known as the very first decentralized digital currency, basically coins that can be sent over the internet. 2009 was the year Bitcoin was born. The creator’s name is unknown, but this person was given the pseudonym Satoshi Nakamoto. Advantages of Bitcoin. Bitcoin transactions are made directly from person to person over the Internet. …
Crypto TREND – Fifth Edition
As we expected, after the publication of Crypto TREND, we received many questions from readers. In this edition, we will answer the most common ones. What changes could change the game in the cryptocurrency sector? One of the biggest changes that will affect the world of cryptocurrencies is an alternative block verification method called Proof …
7 advantages of cryptocurrency
Cryptocurrency is a digital alternative to using credit cards or cash for everyday payments in a variety of situations. It continues to grow as a viable alternative to traditional payment methods, but still needs to become more stable before ordinary people will fully welcome it. Let’s take a look at some of the many benefits …
Margin Forex trading
Forex margin trading is very dangerous and risky for your trading account. Have you read about using forex? Those who understand this will know that this can be one of the most powerful features of forex trading. Usually, when you create an account with a broker, you are offered a margin of 1%. This means …
6 tips to follow if you are a cryptocurrency trader or investor
Today, most people are aware of the potential of cryptocurrencies. This industry is revolutionizing the business world. This is the reason why more and more investors are joining this industry. Although it is easy to be a part of this industry, achieving success may not be easy for everyone. So in this article we are …
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Fear not, China is not banning cryptocurrency
In 2008, after the financial crisis, a paper titled “Bitcoin: A Peer-to-Peer Electronic Cash System” was published, detailing the concepts behind the payment system. Bitcoin was born. Bitcoin has gained world attention due to its use of blockchain technology and as an alternative to fiat currencies and commodities. Touted as the next best technology after …
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A step-by-step guide to investing in Bitcoin
Well, like almost everything else in life – if not everything – you have to buy it before you invest in it. Investing in bitcoins can be very difficult, and that is if you don’t have the step you need to take. First you need to know that Bitcoin is a type of cryptocurrency, one …
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