There are similar guidelines for all crypto currencies whether this is Altcoin, Bitcoin or Ethereum. The cardinal rules are practically the same. Mining can be done single-handedly or through a mining pool. A pool consists of miners who put together their resources and share rewards. Speed is Important Sophisticated mining requires specialized special hardware. Otherwise, you can…

The Japanese Government will enforce regulations on Bitcoin Exchanges. This is the result of efforts by the local Bitcoin community. The number of enterprises accepting the digital currency is expected to reach roughly 20, 000 before the year ends. Last year, there were 4, 200 merchants and establishments all over the country that accepted Bitcoin.…

Selling pressure made BTC/USD rates dip, dropping below $1000 levels and down to $955 levels. The amazingly large sell orders that sent BTC/USD rates down to such levels were remarkably large for the setting trading volumes had contributed for. It’s no wonder that orders of that size impacted the market’s state heavily. Major Signals In…

A whale seems to have gotten hold of bitcoin markets as a particularly large sell order sent bitcoin prices down from $1070 to $1020 levels. Prices have since then recovered to levels closer to $1050 but with bearish tendencies as selling pressure and profit taking seem to have awoken amid the current setting and higher…

Prospective miners must learn the proper way of computing crypto-currencies’ mining profitability. There are numerous mining calculators with different formulas. Mining calculators have made computations easier so you need not be a wizard in mathematics to calculate profitability. However, consider the following formula which looks very convoluted: X = Hashes per second Y = Difficulty Z = Log base…

Bitcoin markets keep being particularly bullish in the recent trading sessions. It only took a few hours for BTC/USD rates to reach above $1050 after resistance levels were hit at prices around $1047 levels. From there on, buying pressure seems to be outpacing selling pressure. However, support didn’t come up right away, this way allowing…

Altcoin is the Bitcoin alternative and describes all other crypto-currencies except for Bitcoin. Miners experiment with mining Altcoins on their Personal Computers (PC) and Graphics processing Unit (GPU) in their attempt to figure out the best Altcoins for mining in 2017. Some coins can also be mined without Application-Specific Integrated Circuits (ASICs). Laptops for Mining One miner…

BTC/USD markets seem to have exhausted selling pressure as in spite of the price reaching below $1000 yesterday whilst under immersive sell orders, bitcoin’s price is now nearing $1050. While some resistance is certainly nested at such levels, the current momentum of the market seems to have established a good base to break through it. Major…

Digital currencies have been in the hot seat worldwide since these were launched eight years ago. Bitcoin is the most widely held among the 10 leading crypto-currencies being traded in the market today. Nonetheless, these are regarded as versatile but unreliable assets by bureaucracies and financial service industries. The crypto-currency’s value depends on demand as well…

Making transactions with Bitcoin is a breeze most of the time. There are some common problems that you can run into, but we will get to that later on. For now, let's focus on the things that you need to know to make your first Bitcoin transaction. Wallets Each and every Bitcoin wallet out there is…