Tag: expensive mining hardware

How Many Computers To Mine 1 Bitcoin

As Bitcoin becomes more and more popular, the number of people trying to mine the cryptocurrency goes up. The problem is that the amount of Bitcoin that is mined every day is fixed, so the competition to get a piece of the pie becomes more and more intense. The amount of computational power required to […]

If You Bought Bitcoin When It Started

If you bought bitcoin when it started, you would be a millionaire today. Bitcoin is a cryptocurrency and a payment system, first proposed by an anonymous person or group of people under the name Satoshi Nakamoto in 2008. Transactions are verified by network nodes through cryptography and recorded in a public dispersed ledger called a […]

What Is An Ido Crypto

Cryptocurrencies are digital or virtual tokens that use cryptography to secure their transactions and to control the creation of new units. Bitcoin, created in 2009, was the first cryptocurrency. Today, there are thousands of them. Ido is a new cryptocurrency that was created in 2018. It is based on the Bitcoin protocol and uses the […]