Computing power from Bitcoin mining is what runs bitcoin network, and verifies transactions. Bitcoin mining is how new bitcoin blocks are minted, and how new bitcoins are systematically added into the the circulating supply (through the block reward). The block reward is a way to… Read More »What Is Bitcoin Mining?
As with any production business, the profitability of bitcoin mining is dependent on input costs vs value of goods or services produced. There are several different variables that effect bitcoin mining profitability. This article is about mining profitability. To learn more about how bitcoin mining… Read More »How Profitable is Bitcoin Mining?
You’ve probably heard of Blockchain in the context of bitcoin and cryptocurrency, but what does it really mean? Blockchain is the technology that makes bitcoin (and other cryptocurrencies) work. A blockchain is a publicly disturbed ledger system. It’s essentially a detailed record of which bitcoins… Read More »What is Blockchain?
Bitcoin is an extremely volatile asset, meaning it has a strong tendency to go up (or down) quickly over time. People tend to think of volatility as downside risk, but the term also refers to growth. This high volatility is one thing that stops many… Read More »Why is Bitcoin So Volatile?
Short answer: Yes! In my opinion, it’s irresponsible to own zero bitcoin. Bitcoin has been the best performing asset in the world since its inception in 2009 – let that sink in for a minute. Many people see the current price of bitcoin and think… Read More »Should I buy Bitcoin?
What is bitcoin? Why is it valuable? What Makes it Different? Bitcoin is digital money. The revolutionary characteristic that sets bitcoin apart is – it’s not controlled by a central bank or any type of centralized governing body. “bitcoin is a secure way to send… Read More »What Is Bitcoin, and How Does It Work?