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Is Bitcoin Legal Currency?

Is Bitcoin Legal Currency? Bitcoin, the mysterious technology introduced by Satoshi Nakamoto in 2009, is a peer-to-peer decentralized cryptocurrency that operates without a central bank or in tandem with a third party. Additional coins are minted into existence and transactions are verified on it’s blockchain through an innovative process referred to as “mining”. Much like any major currency (be it …

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How to Mine for Bitcoin Like a Beast

What is Bitcoin Mining? Bitcoins come into existence through a process called Bitcoin mining; it is essentially the backbone of Bitcoin and other cryptocurrencies. Since Bitcoin is decentralized, there is no centralized authority to control the supply and demand of the currency. The supply and demand of Bitcoin is dependent on the activity of its miners. Miners utilize special software …

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What Is Cryptocurrency and How It Will Change Your Life

What Is Crypto and How It Will Change Your Life? In January 2018, the cryptocurrency market made international headlines because its total capitalization exceeded $800 billion; up from about $20 billion the year prior, the world watched in wonder as the rise of the digital assets dwarfed any other asset class in comparison. The steep growth of the cryptocurrency market …

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The Best Blockchain Explanation Ever

What Is Blockchain Technology? By now, you’ve probably heard the term “blockchain technology,” perhaps in reference to a cryptocurrency such as Bitcoin or some ultra ambitious project promising to change the world as we know it. However, because you’re reading this article, you probably have been wondering “What is Blockchain technology” and have a sneaking suspicion that blockchain technology is …

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The Legend of Bitcoin: What it is and Why It Matters

What is Bitcoin and How Does It Work? Its official, 2017 was the year of the Bitcoin as the digital currency garnered a lot of media attention. Both Wall Street and Main Street investors alike turned their heads to the cryptocurrency markets as the word “Bitcoin” seemed to be in every news article and on the tip of every one’s …