BLOCKCHAIN • CRYPTOCURRENCY • NARRATIVE JOURNALISM
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Introduction to Litecoin Mining If you’re just interested in owning Litecoin, then you can easily buy some from the plethora of cryptocurrency exchanges and brokerage services currently on the Internet. However, there’s another way of owning Litecoin, and that is through mining. Litecoin is a proof-of-work cryptocurrency which means that it’s mineable. Considering you have [...]
Created on August 2017, Bitcoin Cash is a fork of the Bitcoin Classic blockchain and has since become Bitcoin’s most successful offshoot. The main difference between the two is the fact that Bitcoin Cash increased the block size from one MB to eight MB, allowing for a smoother functionality, more and all-around faster transactions. If [...]
Bitcoin mining is the process which generates Bitcoin in return for verifying the validity of Bitcoin transactions. These transactions offer security for the Bitcoin network which in turn rewards miners with BTCs. If the price of the digital coins surpasses the cost required to mine them, then the miner makes a profit. But as technology [...]
If you’re passionate about Bitcoin or cryptocurrency mining, then you should at least consider researching, if not joining, a mining pool. In the early days of Bitcoin, mining was a fairly straightforward process that could be done by literally anyone with a half-decent computer. Nowadays, due to decreased block rewards and current hash rates, for [...]