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Bitcoin

In this part of the guide, you can learn more about everything that's got to do with the first digital currency, Bitcoin. What is Bitcoin? Before getting to understand what all…

The Process of Bitcoin Mining

Bitcoin Mining is the process of creating and writing new blocks for the blockchain. These blocks have to comply with the base Bitcoin rules, maintained by the network. In order to…

Mining Hardware

When Bitcoin was conceptualized, one could mine efficiently with the use of a consumer grade CPU. Eventually, as more and more people kept joining the mining process, the network difficulty…

Mining Software

In order to mine Bitcoin, you're going to need special software that can communicate with the rest of the Bitcoin network and follow the correct consensus rules and hashes. You can…

Blockchain

The blockchain represents a series of blocks, each of them hashed in a way that the information contains and relies on the hash from the previous block. This process ensures that…

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…