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Blockchain Technology

In its essence, the blockchain is a change-resistant database that allows only for new information to be added to it. It's impossible to change previously written information, without rewriting every…

Mining Pools

Solo mining for correct block hashes is incredibly difficult right now. Actually, solo mining has been very difficult for quite some time. Mining pools first started at the end of…

Cloud Mining

Mining farms are commonplace in the Bitcoin ecosystem and most of them offer different packages for hash power while mining for themselves as well. This is a touchy subject for…

Hashing

The process of encrypting information to through a certain cryptographic algorithm and obtaining a scrambled output is called hashing. This is an integral process that continually benefits the Bitcoin network and…

Distributed Ledger

When you encounter the term "Distributed Ledger" it's pretty easy to get a clear idea of what it stands for. Distributed meaning that multiple people have the information, and Ledger…