Bitcoin, the best known and most widely used cryptocurrency, entered the global scene in October of 2008 when anonymous founder, Satoshi Nakamoto published a white paper entitled: ‘Bitcoin: A Peer-to-Peer Electronic Cash System’. The Growth of bitcoin from 2008 to Present The paper elaborated on methods to put in place a system of electronic transactions […]
About five or six years ago, it was possible to profitably mine Bitcoin using nothing more than a desktop PC. Fast forward to today, and profitability requires huge amounts of hash power and, in turn, a considerable amount of electricity. Of course, unless this electricity is cheap, profitability is difficult to achieve. This has led to markets searching […]
According to Dr. Garrick Hileman, an economic historian at the University of Cambridge and the London School of Economics, the popularity of Bitcoin in the luxury market as a payment method is increasing at a rapid rate, due to the inefficiencies and high fees of traditional banking systems. The vast majority of items in the […]
Ripple is not a real crypto currency? There are many crypto currencies out there, each of which gained inspiration from bitcoin, litecoin, eth, the ancestor to them all. Bitcoin was humanity’s first definition of what it means to be a cryptocurrency, but it is a complicated creature that relies on many special functions and components. For instance, […]
We get a lot of inquiries from our users regarding bitcoin mining and bitcoin investment schemes. Which guarantee a fixed or high return to their users. Such Bitcoin Investment and Mining Scam Site schemes guarantee a return on your investment between 1% and 20% every day on your BTC deposits. These high yield bitcoin investment […]