CryptoCurrency

Cryptocurrency _Word Cloud
  • XRP Jumps 44% in a Week After Ripple Moves to Dismiss SEC Lawsuit
    Both the SEC and Ripple have filed motions for summary judgment, each asking the judge to rule in their favor without a trial. XRP, a cryptocurrency initially launched by the founders of crypto payments company Ripple, jumped 11% early Friday morning following an intense week of gains—and hope from investors that the SEC’s lawsuit against […]
  • How Ethereum Traders Played the Merge
    One crypto intelligence firm revisits its selloff predictions from a month ago. Predictions that the Ethereum merge would be a “buy the rumor, sell the news” event have primarily played out in the wake of the much-anticipated update to the second-largest cryptocurrency by market cap.  At least, that’s the post-merge conclusion of Glassnode, a crypto […]
  • What Is Proof-of-Stake?
    Proof-of-stake is a method of maintaining integrity in a blockchain, ensuring users of a cryptocurrency can’t mint coins they didn’t earn. Proof-of-stake is a method of maintaining the integrity of a cryptocurrency, preventing users from printing extra coins they didn’t earn. While a different method, called proof-of-work, is currently used by Bitcoin and Dogecoin, for example. Proof-of-work and proof-of-stake […]
  • Ethereum Miners Are Quickly Dying Less Than 24 Hours After the Merge
    Now redundant, Ethereum miners are flocking to other proof-of-work tokens after the network switched to a proof-of-stake consensus mechanism and finding slim pickings. Ethereum miners find it increasingly hard to make money after the Merge as too many are switching to alternative coins, crushing mining profitability. Earlier Thursday, Ethereum, the world’s second-largest blockchain network, switched its consensus […]
  • What Is XRP (Ripple)?
    Ripple is a money transfer network designed to serve the financial services industry’s needs. XRP is the native cryptocurrency that the Ripple network does, and it consistently lists among the top 10 cryptocurrencies by market capitalization. What Is Ripple? Ripple is the company behind XRP, and it’s a payment settlement system and currency exchange network that can process transactions […]
  • What Is Defi? Understanding Decentralized Finance
    Decentralized finance, also known as DeFi, uses cryptocurrency and blockchain technology to manage financial transactions. DeFi aims to democratize finance by replacing legacy, centralized institutions with peer-to-peer relationships that can provide a full spectrum of financial services, from everyday banking, loans, and mortgages, to complicated contractual relationships and asset trading. Centralized Finance Today Today, almost […]
  • DiFi or Die Trying: A Quick and Dirty Overview of Digital Finance
    Emerging from the ashes of the financial wildfire that spread across the world in 2008, the seeds of a new digital financial ecosystem germinated from an email sent by Satoshi Nakamoto to a group of techies that November: “I’ve been working on a new electronic cash system that’s fully peer-to-peer, with no trusted third party. The paper […]
  • What Is A Bitcoin Wallet?
    Even though Bitcoin only exists digitally, you’ve got to keep it somewhere, whether you’re hoping to use it to buy goods or services today or invest it for the long term. You’ll also need to begin using a Bitcoin wallet when you start buying Bitcoin. Luckily, crypto wallets generally work like physical billfolds—they keep up […]
  • Common Crypto Scams and How to Avoid Them
    Ever heard of rug pulls and pig butchering? Be more intelligent than the scammers and learn how common crypto scams work in detail. The US Federal Bureau of Investigation (FBI) estimates that, between January and March 2022, more than US$1.3 billion dollars in cryptocurrencies were stolen by cybercriminals. It is a significant amount, given that by […]
  • Breaking up with ETH before the “Merge”
    Where do we go from here after the ETH Merge? So, I put considerable effort and funds into GPU mining before “The Merge” was understood and how it impacted crypto mining with ETH. Did I get into mining Crypto too late into “the game?” Maybe, I don’t know. The “rules” of the game changed while […]
  • What Is the Ethereum Merge?
    The crypto industry is getting excited for a big event known as “the Merge,” — which proponents say could boost prices in the long run and significantly change the future of cryptocurrency. The Merge is an upgrade to the Ethereum blockchain, the technology that fuels the second largest cryptocurrency and other technologies in the crypto ecosystem, […]
  • Tesla has sold 75 percent of its Bitcoin holdings
    Tesla has sold off 75 percent of its holdings in Bitcoin, which was worth about $2 billion at the middle of 2021, after making a considerable investment in the cryptocurrency in 2021. The value of Bitcoin has since crashed. During an investor call, Tesla CEO Elon Musk emphasized that the sale was about “overall liquidity” and did […]
  • How Much Does It Cost to Mine 1 Bitcoin?
    JPMorgan strategists may have just called Bitcoin’s bottom price. Others suggest there’s still more pain ahead. In a recent report by Decrypt, investment bank JPMorgan estimates that the production cost to mine one Bitcoin has dropped from $24,000 at the start of June to just $13,000. Bitcoin’s production cost estimates the average cost for mining one Bitcoin daily. This cost […]
  • Monero Hard Fork: Four New Coins & What You Need to Know
    To preserve its decentralized vision, the Monero team has instituted a hard fork and incidentally spawned four new iterations of the vaunted privacy coin. However, the move has been met with a good deal of skepticism and confusion by the market at large. Here, we’ll explain briefly why the fork occurred, what led to the new coins’ creation, […]
  • Scam Warning – Razerbit
    This weekend I got a Discord PM saying I won 4.14 ETH (Approx 5k USD). Obviously, I know it’s a scam, but I signed up for their wallet/exchange to see what’s up. I’ve smelled enough scams out, I felt this was one. Everyone wants to “win the lottery”, but this was just too good to […]
  • Build out of “Da Rig” – 2 Level Crypto Mining Rig – Part 1
    So I am expanding my curiosity, investment, and mining capabilities in building a new 2-level Crypto Mining Rig. The intention eventually will be to fill it with 16 AMD Radeon 6800 GPUs for crypto mining. I was attempting to build a “riser card” type of miner, and it didn’t work out so well. I am […]
  • Random Crypto Mining Photos
    Just a few random Raspberry Pi Crypto Mining photos
  • What Is Bitcoin And How Does It Work?
    Bitcoin (BTC) is the first cryptocurrency, and it’s also the best known of the more than 19,000 cryptocurrencies today. Financial media eagerly covers each new dramatic high and stomach-churning decline, making Bitcoin an inescapable part of the landscape. While the wild volatility might produce great headlines, it hardly makes Bitcoin the best choice for novice […]
  • Collecting fees for stable coin farming is possible for you too…
    We all know BUSD and USDT are stable coins. BUSD is issued by Paxos, while USDT is issued by Tether. However, what is the differences between these two stable coins… The main difference between BUSD and USDT is that BUSD is backed 1:1 with the US dollar held in reserve by Paxos, while USDT is […]
  • How to Redeem Your COIN
    XYO, ETH, and BTC redeem price is determined by taking the highest of the current price, the average of the previous day’s worth, and the last 7-day average price. To redeem your digital assets, you must meet these requirements:  Have a COIN account The account is two weeks old Mined at least 10,000.00 COIN Tokens […]
  • What is Ethash?
    Isn’t it crazy how cryptocurrencies have only been around for about a decade, yet we have hundreds of cryptocurrency terminologies? Being a crypto-enthusiast, I know how difficult it can be to keep up with new terminologies. So maybe you have come across this term before, and you would like to understand it further. Come with […]
  • Coinbase Card – Full Review
    “Spend crypto, earn crypto.” The Coinbase card allows you to spend the crypto in your Coinbase account on everyday purchases and receive crypto rewards for doing so! LEARN MORE (at Coinbase’s secure site) The information regarding the Coinbase Card was independently collected by Upgraded Points and not provided nor reviewed by the issuer.  Coinbase is easily the […]
  • Monero Update – 30MAY20022
    I am very impressed with the configuration of Crontab jobs to take care of my system automation for my XMR / Monero farm. I wanted to move/relocate my server rack, which hosts most of my XMR / Monmero mining “rigs,” to another room for quiet and not overheated as the room was getting hot due […]
  • Crypto Mining Update – 28MAY2022
    So I said I was going to keep you updated on my Crypto Currency mining, so here is the update. Now, that’s 21 miners, either Raspberry PI, a laptop, a desktop, or a virtual server with VMWare. But that’s 21 miners, quite sick if you ask me to have 21 machines working to mine Monero […]
  • Delete a HiveOS Farm
    To properly maintain your HiveOS environment, you might need to manage/delete one of your farms. I created an initial “farm” which was not working, but that is ok. I was learning. So for others out there, it’s not rocket science, but it’s not “clickity-clickity-click, delete”, you really just want to know what you are doing. […]
  • “Rig 1.0” – My First Crypto Mining Rig
    This is my first attempt at getting into GPU Crypto mining and an attempt at documenting me building out the chasse to house all of the components. I was really curious about getting into Cryptocurrency mining. I have no peers other than fellow mining enthusiasts in the game already teaching others about building rigs in […]
  • XMR Update
    This is the update I have with switching to MoneroOcean.steam. This is a checkpoint, I have turned on special crontab jobs to ensure the miner is up, and a relaunch of the client if not up. I standardized a lot of my settings for all rigs. I modified a lot of the start-up to support […]
  • Hive OS – ETH Miner/Rig Update
    Current Rig Status: The “Down Time”that is reported is when I powered down my right I just built and am tweaking; to reconfigure and add a new rig setup and add an individual new card to it. So I have only been mining since “Sunday the 15th, 2022.”, so there is not much to show […]
  • Nightly Reboot – Linux Cronjob Example
    DISCLAIMER I’m not a certified financial planner/advisor nor a certified financial analyst nor an economist nor a CPA nor an accountant or a lawyer. I’m not a finance professional through formal education. I am just a hacker. I am unsure of my reboot scripts at this moment, or if the new XMR / Monero miner, MoneroOcean.stream’s new […]
  • Mysterium Network – May 2022 Update
    So I decided to start a new “Crypto Mining” experiment for fun and to earn some passive income with my internet. I just upgraded to a faster service level with my provider, and I am experimenting with new Crypto Currency miners. While I build out my Ethereum rig, and I am finishing up on my […]
  • What Is Blockchain?
    Blockchain is the innovative database technology at the heart of nearly all cryptocurrencies. By distributing identical copies of a database across an entire network, blockchain makes it very difficult to hack or cheat the system. While cryptocurrency is the most popular use for blockchain presently, the technology offers the potential to serve a very wide […]
  • Monero Ocean / SupportXMR miner pool comparison
    So I have for months been using Supportxmr.com as a Monero (XMR) mining pool for about 16 Raspberry Pies and a handful of HP-DL380s with virtual machines running full blast mining some CPU based crypto. I examined the cost/benefit analysis regarding my electricity bill and how many hashes I was churning out. I was bored […]
  • Thousands of Nvidia employee passwords leak online as hackers’ ransom deadline looms.
    The hacking group that claims to have taken a terabyte of data from chipmaking giant Nvidia is threatening to release the company’s “most closely-guarded secrets” today unless it meets the gang’s increasingly bizarre demands. The Lapsus$ hacking group, which first claimed responsibility for the data breach last week, has already started leaking data. According to the data […]
  • A Linux node can be used to set up as a MYST VPN node machine, in a home server, or in a data center.
    Supported OS: Debian, Ubuntu, and Raspbian. Does NOT seem to work on KALI. Install! Option 1: To install the MYST node type such commands into the terminal: It has been noted sometimes the add-apt-repository command is not found. Click here for a quick fix for that! Option 2: We also provide an installation script written […]
  • My Raspberry Pi “Crypto Miner Rig Tower”
    I am very happy to present to you some of the images of my Raspberry Pi “Crypto Miner Rig Tower”! I ordered countless Raspberry Pi 4’s, some cooling fans, and some custom parts to create this very cool-looking tower to start mining Crypto, specifically Monero/XMR. I have other projects I will post that I am […]
  • #1 BEST MONEY MAKING OPPORTUNITY IN CRYPTO (NFT FLIPPENING) – BORED APES VS PUNKS
    The Bored Ape Yacht Club is a collection of 10,000 unique Bored Ape NFTs— unique digital collectibles living on the Ethereum blockchain. Your Bored Ape doubles as your Yacht Club membership card and grants access to members-only benefits; the first is access to THE BATHROOM, a collaborative graffiti board. The community can unlock future areas […]
  • Crypto Mining Monero (XMR)
    Table of Contents: XMR Wallet Mining Considerations XMRig Install Instructions What Is Cryptocurrency Mining? Crypto mining is the process by which new cryptocurrency “blocks or entries”are created and “mined”, and here, XMR / Monero coins are entered into blockchain circulation; it is also the way that new transactions are confirmed by the network and a critical component […]
  • Satoshi Nakamoto
    Satoshi Nakamoto, the inventor of the Bitcoin protocol, published a paper outlining it via the Cryptography Mailing List on Nov. 1, 2008. He then released the first version of the Bitcoin software client in 2009. He participated with others on the project via mailing lists until he finally began to fade from the community toward the end of 2010. […]
  • International Money Transfer: 4 Best Ways To Send Money
    According to World Bank data, people in the U.S. send a hefty $74.6 billion to individuals in low- and middle-income countries each year. Meanwhile, transaction costs for international money transfers average 6%, the World Bank says—meaning if you send $1,000 to a friend overseas or a relative back in your family’s home country, it could […]
  • What Is DeFi? Understanding Decentralized Finance
    Decentralized finance, also known as DeFi, uses cryptocurrency and blockchain technology to manage financial transactions. DeFi aims to democratize finance by replacing legacy, centralized institutions with peer-to-peer relationships that can provide a full spectrum of financial services, from everyday banking, loans, and mortgages, to complicated contractual relationships and asset trading. Centralized Finance Today Today, almost […]
  • What Is ETH is Ethereum?
    Ether is the second-largest cryptocurrency and handles more transaction volume than any other digital asset. But what is ether used for on the Ethereum network? Ether (ETH) is the primary token of the Ethereum blockchain and the world’s second-largest cryptocurrency by market capitalization. Just like the most prominent cryptocurrency, Bitcoin, ether can be used to send payments directly to another person without […]
  • Cryptocurrency Exchanges
    Platforms that facilitate the trading of cryptocurrencies for other assets, including digital and fiat currencies Key Highlights The most common way of transacting in cryptocurrencies and other digital assets is via a Cryptocurrency Exchange. There are Centralized and Decentralized Cryptocurrency Exchanges, and each offers advantages and disadvantages. The 10 Top Cryptocurrency Exchanges, Ranked by Volume […]
  • Are Bitcoin and Gold Good Investments?
    Gold and bitcoin are weird. Neither is especially useful in the here and now in any practical sense. Bitcoin’s promise as a deregulated digital currency remains just that—a promise. And nobody carries around gold in their hip pocket to purchase goods or services anymore. While both are “mined,” their only real-world or virtual applications seem […]
  • Alphabet Soup: Understanding the Shape of a COVID-19 Recession
    The measures taken by the United States and nations worldwide to manage the COVID-19 pandemic—restricting travel, shuttering nonessential businesses, and implementing universal social distancing policies—have severe economic consequences. On June 8th, the The National Bureau of Economic Research (NBER) declared a recession, noting that the U.S. economy had fallen into contraction starting in February 2020. This marks […]
  • KYC, Know Your Customer in banking
    KYC (Know Your Customer) is today a significant element in the fight against financial crime and money laundering, and customer identification is the most critical aspect as it is the first step to better perform in the other stages of the process. The global anti-money laundering (AML) and countering the financing of terrorism (CFT) landscape raise tremendous stakes […]
  • Elon Musk Says Tesla Won’t Accept Bitcoin For Car Purchases Any More
    Elon Musk Says Tesla Won’t Accept Bitcoin For Car Purchases Any More Tesla is executing a rapid U-turn on Bitcoin. Months after Tesla embraced Bitcoin, CEO Elon Musk said on Wednesday the auto maker would no longer accept the cryptocurrency for car purchases due to its environmental impact. Bitcoin is very energy-intensive. The “coins” are […]
  • Tesla will no longer accept Bitcoin over climate concerns, says Musk
    Tesla has suspended vehicle purchases using Bitcoin due to climate change concerns, its CEO Elon Musk said in a tweet. Bitcoin fell by more than 10% after the tweet, while Tesla shares also dipped. Tesla’s announcement in March that it would accept the cryptocurrency was met with an outcry from some environmentalists and investors. The […]