Mining digital currency has long been one of the most trending ways of earning money in the blockchain sphere. Every year, mining cryptocurrency becomes more and more complicated, because this process requires a huge amount of electricity, expensive hardware and decreasing every 5 years the reward paid to participants for protecting the network, if we are talking about bitcoin.
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12.02.2025
Every year on May 22, bitcoin enthusiasts celebrate Bitcoin Pizza Day – the day Laszlo Heinitz exchanged 10,000 coins for two pizzas.
As of this writing, Laszlo would have $973,903,500 worth of BTC. It’s hard to imagine how much you can buy with that kind of money. For example, you could own one of the most expensive islands in Thailand, Rangyai, which is worth $160 million. And in addition, you could buy a Boeing 747-430.
27.03.2024
Curious about “what is USDT?” or “what does USDT mean?” Look no further than the following overview.
Tether (USDT) emerges as a stablecoin cryptocurrency built upon blockchain technology. Its primary objective lies in furnishing cryptocurrency traders and investors with a swift and seamless avenue to convert digital assets into stable US dollars.
25.01.2024
Cryptocurrency volatility refers to the degree of price variability in digital assets such as Bitcoin, Ethereum, and other altcoins on financial markets. This concept reflects price fluctuations over a specific period of time and is measured in percentages.
12.01.2024
In the era of digital innovations, one of the most impressive success stories is the surge in the price of Bitcoin – the cryptocurrency that has become an integral part of the financial system. In recent times, its ascent has taken on an extraordinary scale, capturing the attention of both seasoned investors and newcomers. Let's take a closer look at the factors driving the rapid growth of this digital currency.
28.12.2023
Bitcoin (BTC) is a cryptocurrency that first generated its initial block and the first 50 coins in 2009, thanks to an unknown creator or group using the pseudonym Satoshi Nakamoto. Since then, BTC has attracted attention as an innovative medium of exchange. In recent years, there has been increased interest in the possibility of Bitcoin evolving into a global payment instrument. In this article, we will examine key aspects that determine Bitcoin's chances for this role.
22.12.2023
Cryptocurrencies play a pivotal role in today's financial operations, with Bitcoin serving as their flagship. Understanding the fee structure within the Bitcoin network stands as a pivotal factor in navigating this cryptocurrency landscape. This fundamental component significantly shapes the pace and effectiveness of transactions within the expansive realm of Bitcoin.
26.05.2023
Wrapped Bitcoin (WBTC) is a cryptocurrency that is Bitcoin (BTC) on the Ethereum blockchain. It is an ERC-20 token and aims to bring the liquidity and functionality of Bitcoin to the Ethereum ecosystem. WBTC is backed by a 1:1 ratio with Bitcoin, which means that for every WBTC token there is an equivalent amount of Bitcoin held in reserve by custodians.
19.05.2023
A bitcoin fork is a change in the protocol and rules of operation of the bitcoin blockchain, as a result of which a new branch or “fork” (fork) of the block chain is created. Bitcoin forks can occur for a variety of reasons and have different characteristics.
21.04.2023
Since its inception to the present day, there are tens of thousands of cryptocurrencies. They are divided into 3 groups: bitcoin, altcoins and tokens. In this article, we will analyze each of them separately, as well as point out their similarities and differences.