Person with most Bitcoins
Bitcoin Exchanges / December 4, 2019

Person with most Bitcoins

At that time, they claimed to have purchased $11 million worth of BTC at a rate of around $120. There have only been a few times since then that they’ve actually lost any value, and currently they’re sitting on a higher value than their original investment. If they sold during the $1-plus bubble at the end of 2013, and then purchased again, it’s hard to say, but they…

Bitcoin High
Bitcoin Exchanges / December 2, 2019

Bitcoin High

A few months after that all-time high, Mt. Gox, one of the earliest and biggest Bitcoin exchanges, shut down after news it had lost hundreds of thousands of Bitcoin owned by its users. This caused the price to nearly drop in half. Since then, over the past four years, the price has fluctuated dramatically, sometimes tied to news like the halving and broad economic…

Become Bitcoin Miner
Bitcoin Mining / November 30, 2019

Become Bitcoin Miner

This is really depends on your current economic situation, and how much electricity is in your area. I have been mining for 3 years plus now, up to almost 800TH (800, GH/S). My advice start NOW, if you are going to do it. Buy a Antminer S9, NEW or USED on Amazon as you get great buyer protection. If you own your home, install a Power Saving device like KillaWattBox™…

Best Bitcoin Exchanges
Bitcoin Exchanges / November 28, 2019

Best Bitcoin Exchanges

Counterparty risk is the biggest danger with trading bitcoin. You can be the best trader in the world and lose your portfolio by having your exchange go bankrupt. Oftentimes an exchange will show signs of weakness long before going bust. In the Bitcoin world, reputation is everything so do your research before sending money to an exchange. The following three exchanges…

Cryptocurrency difficulty
Bitcoin Exchanges / November 26, 2019

Cryptocurrency difficulty

Why July 10 will determine cryptocurrencys future, illustrated

Biggest Bitcoin mining rigs
Bitcoin Mining / November 24, 2019

Biggest Bitcoin mining rigs

Photo: Unicorn of Monoceros © Christian Riese Lassen; 731 Joel Flickinger’s two-bedroom home in the hills above Oakland, Calif., hums with custom-built computing gear. Just inside the front door, in a room anyone else might use as a den, he’s placed a desk next to a fireplace that supports a massive monitor, with cables snaking right and left toward two computers…

What determines the value of a Bitcoin?
Bitcoin Exchanges / November 22, 2019

What determines the value of a Bitcoin?

One of the main criticisms made when it comes to the value of bitcoins is that there is no central authority that can control the price of the digital currency over a long period of time. This lack of price stability has caused problems for some users over the short term, but the general understanding in the Bitcoin community is that this volatility will continue…

Bitcoin mining Hashrate
Bitcoin Mining / November 20, 2019

Bitcoin mining Hashrate

HaoBTC, one of the biggest miners with around 110 Petahash, controlling slightly more than 4% of bitcoin’s network, has launched a new hashrate exchange where you can buy or sell part of Bitcoin’s mining network with a minimum purchase of 1 Terahash. According to Xiong “Tyler” Yue, Vice President of HaoBTC, they have already sold 10 Petahash in just five days, with…

Easy bitcoin mining
Bitcoin Mining / November 18, 2019

Easy bitcoin mining

For anybody that hasn’t already been acquainted with Bitcoin, it certainly is a little overwhelming in the beginning. Many companies that are trying to make a stand in the blockchain space have taken note of this and are trying to build on the user experience side to get more and more people into using Bitcoin, not just mine them leading most unsuspecting customers…

What does mining bitcoins means?
Bitcoin Mining / November 16, 2019

What does mining bitcoins means?

It just became significantly harder to mine Bitcoins. The halving event rolled around yesterday, July 9, and means that the reward for mining just dropped by 50 percent. The cryptocurrency is generated by machines around the world mining for new bitcoins. Rewards of bitcoins are handed out for giving over computing power to process bitcoin transactions. It s a very…

Where to sell Bitcoins for PayPal?
Bitcoin Exchanges / November 14, 2019

Where to sell Bitcoins for PayPal?

NEW Buy Bitcoin with Credit Card Price We compare the price on several biggest Bitcoin exchanges and choose the one which is best for you. Selling Bitcoins Fee - 3% Lock the price before sending your bitcoins to us and receive a guaranteed amount of EUR or USD to your bank or PayPal account. Buying Bitcoins Fee - 3% Buy bitcoins using bank transfer. After we receive…

Best computer to mine Bitcoin
Bitcoin Mining / November 12, 2019

Best computer to mine Bitcoin

If your aim is to make money and it somehow relates to Bitcoin, mining it yourself is not a good investment. Attempting Bitcoin mining with that computer, using CPU s, would not be effective, at all. There is an inherent software issue that was built into Bitcoin production. Once a certain number of block chains have been figured out, the difficulty increases at…

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