Tag: process known mining

Why You Should Be Scared Of Owning Bitcoin

Bitcoin is often touted as a digital currency that is immune to government meddling and manipulation. But, in reality, it is just as susceptible to those things as any other currency. In fact, there are a number of reasons why you should be scared of owning Bitcoin. Here are five of them: 1. Bitcoin is […]

How Do You Make Money Off Bitcoin

Bitcoin is a digital asset and a payment system invented by Satoshi Nakamoto. Transactions are verified by network nodes through cryptography and recorded in a public dispersed ledger called a blockchain. Bitcoin is unique in that there are a finite number of them: 21 million. That said, there are ways to make money with bitcoin, […]

Why Bitcoin Uses So Much Energy

Bitcoin is a digital asset and a payment system invented by Satoshi Nakamoto. Transactions are verified by network nodes through cryptography and recorded in a public dispersed ledger called a blockchain. Bitcoin is unique in that there are a finite number of them: 21 million. Bitcoins are created as a reward for a process known […]

What Is The Minimum Investment In Bitcoin

Bitcoin is a digital asset and a payment system invented by Satoshi Nakamoto. Transactions are verified by network nodes through cryptography and recorded in a public dispersed ledger called a blockchain. Bitcoin is unique in that there are a finite number of them: 21 million. Bitcoins are created as a reward for a process known […]

How To Setup A Bitcoin Miner

Bitcoin miners perform complex calculations known as hashes. These calculations are used to verify and secure Bitcoin transactions. Mining for Bitcoin can be a lucrative endeavor. However, it is not easy to set up a Bitcoin miner. In this article, we will walk you through the steps necessary to set up a Bitcoin miner. First, […]

What Does Fiat Mean Crypto

What Does Fiat Mean Crypto? Fiat is a term used in economics to describe a currency that is not backed by a physical commodity. Instead, fiat currencies are backed by the faith and credit of the government that issues them. Cryptocurrencies are not backed by any government or physical commodity, but they are backed by […]

What Is The Value In Bitcoin

Bitcoin is a digital asset and a payment system invented by Satoshi Nakamoto. Transactions are verified by network nodes through cryptography and recorded in a public dispersed ledger called a blockchain. Bitcoin is unique in that there are a finite number of them: 21 million. Bitcoins are created as a reward for a process known […]

How Do I Earn Bitcoin

Bitcoin is a digital asset and a payment system invented by Satoshi Nakamoto. Transactions are verified by network nodes through cryptography and recorded in a public dispersed ledger called a blockchain. Bitcoin is unique in that there are a finite number of them: 21 million. Bitcoins are created as a reward for a process known […]

How Does Bitcoin Burn Fossil Fuel

Bitcoin is a digital asset and a payment system invented by Satoshi Nakamoto. Transactions are verified by network nodes through cryptography and recorded in a public dispersed ledger called a blockchain. Bitcoin is unique in that there are a finite number of them: 21 million. Bitcoins are created as a reward for a process known […]