What Are Bitcoin Mining Pools?
Bitcoin mining pools provide a way for multiple parties to “pool” their efforts when mining Bitcoin. Over time, mining Bitcoin has become increasingly complex and resource-intensive. As such, pooling resources…
What is a hash rate?
Explanation The mining hash rate is a crucial security metric. The more hashing (computing) power in the network, the greater it is security and overall resistance to attack. Although Bitcoin’s…
How is Bitcoin Valued?
As a decentralized digital currency, Bitcoin is valued primarily on supply and demand on the exchanges where it’s bought and sold. But other variables come into play, driving up the…
How Many Bitcoins Are There?
As of June 2022, about 2 million bitcoins (BTC) are left to be mined, meaning that there are nearly 19 million currently in existence. Bitcoin has recently gained popularity as…
Gas (Ethereum): How Gas Fees Work on the Ethereum Blockchain
What Is Gas (Ethereum)? Gas is the fee required to successfully conduct a transaction or execute a contract on the Ethereum blockchain platform. Fees are priced in tiny fractions of…
What Are Smart Contracts? A Beginner’s Guide
While the best-known use of the blockchain is to store and transmit digital currencies, the blockchain also has many other uses. Among those uses are smart contracts, which use blockchain…
How To Know When to Buy, Sell, Or Hold a Stock
Buy. Sell. Hold. Buying and selling stocks can sound exciting, complicated, and confusing all at once. But it doesn’t have to be. The first step to understanding when to buy…
My Bobcat 300 “Hack” -Improvise
So I decided to start mining HNT, Helium This is where my journey starts. To understand what is going on here, you must have an understanding of cryptocurrency, WiFi, and…
Cryptocurrency Glossary: Terms and Crypto Guides
Crypto Terms The world of cryptocurrencies and blockchain networks is awash in terminology and jargon that can sometimes sound strange or confusing. Given that the language of crypto is evolving…
What Does FUD Mean?
FUD stands for “Fear, Uncertainty, and Doubt.” FUD stands for “fear, uncertainty, and doubt” and refers to a general mindset of pessimism about a particular asset or market, manipulating investor…
