There are many ways to mine Bitcoin and other cryptocurrencies. If you own expensive mining hardware, you can solo mine or join a pool and start mining. If you can’t afford expensive hardware or have high electricity fees in the area you live, there are still ways to get into mining. One common way is…
Ravencoin is one of the most profitable cryptocurrencies to mine right now. What makes Ravencoin even more profitable is the fact that it uses X16R algorithm. This algorithm is designed to be ASIC resistant. X16R algorithm uses 16 different algorithms. What is unique about X16R is it rotates through all 16 algorithms in random, Hence…
Mining Bitcoin and cryptocurrency can be very profitable if you have a powerful enough ASIC, GPU or CPU. Although it is merely impossible to mine Bitcoin with a CPU or GPU, there are tons of other coins that can be mined profitably. The amount of hash power your machine can produce can determine to a…
There are a few ways a cryptocurrency miner can earn. They can either mine for themselves or sell their computational power. Hashing cryptocurrency can be profitable at times. When the price of a cryptocurrency increases, there will be more miners joining the network of that cryptocurrency to profit from the opportunity. As a result, the…
Bitcoin and cryptocurrency mining can be fun and profitable at times. There is no one way of earning cryptocurrency. Mining is just another method of owning cryptocurrency. However, if you choose mining as a way of earning cryptocurrency, you are likely to invest in expensive mining hardware. Unfortunately, not all of us can afford expensive…
There are many companies that sell AISCs for mining cryptocurrencies. Bitmain and BitFury are some of these companies. Buying an ASIC means you are going to have to spend a few thousand dollars. Cost of these ASICs changes with the changes in the price of Bitcoin. But, an ASIC will almost always cost you in…
Monero is a cryptocurrency focused on fungibility, privacy, and decentralization. There are many ways to buy Monero, but unfortunately, not all of those methods are anonymous. Most exchanges today, ask for your government ID or passport before you are allowed to trade. If you want to buy a privacy-focused cryptocurrency like Monero, verifying with your…
Majority of people get into cryptocurrency by asking the question “what is cryptocurrency and how to own some?” You will find that buying cryptocurrency is the fastest and easiest way to own cryptocurrency. You will also learn that mining is another means of earning cryptocurrency. Miners and buyers will always wonder, “what is the most…
Bitcoin faucets are a fun and easy way of earning free bitcoins. You get rewarded for completing small tasks, filling captchas, and completing surveys. Although the reward is small, if you have the time and patience, small rewards can add up to a large sum of money, especially if Bitcoin price skyrockets. Not all bitcoin…
As Bitcoin and cryptocurrencies gain more and more in value, there is a higher incentive for hackers to steal your coins. Bitcoin and cryptocurrency is real money. Safety of these coins should not be taken lightly. Storing your coins in an offline wallet is the safest way to store cryptocurrency right now. Although it is…