Category : Guide

Guide Mining

How to mine Bitcoins? A beginner’s guide to bitcoin mining


So, you know a little bit about Bitcoins (also check this article if you are looking for vendors who accepts bitcoin), but how exactly are they “mined” into existence, and how can you get in on some of the action?

At its core, Bitcoin mining is simply the process of verifying other Bitcoin transactions by solving complicated mathematical hashing equations. The Bitcoin network compensates those who successfully validate a transaction with newly created Bitcoins as a reward. Given the collective number of miners around the globe; the sheer number of attempts at solving each transaction today; a Bitcoin reward, is given out around every 10 minutes.

Get started mining Bitcoins at home. Given below are a few simple steps you can do to start mining your first Bitcoin.

Read More
Buy Bitcoin Guide

How to Buy Bitcoins With Credit Card, Checking or Cash

Bitcoin has become one of the most popular crypto currencies on the Internet. Owing to the rapid rise of Bitcoin, there has been interest among investors to invest in Bitcoin and make a hefty return. More and more people from the off-line world are trying to buy or invest in Bitcoins. The problem is that even though, it is a digital currency but the procedure for investing in Bitcoin is not easy at all. Oftentimes, when you’re signing up on any of the websites in order to buy Bitcoins, it would take you at least 3 to 4 working days before you are able to buy Bitcoins. This actually creates a lot of problems for the people who are trying to invest in Bitcoins. Moreover, the price of Bitcoins fluctuates widely. Owing to this very reason, by the time people are able to finally buy the Bitcoin, the prizes change significantly and that is why many times it is not worth it to invest in Bitcoin at the point in time.

However, there are a few ways in which you would be able to buy Bitcoins quite easily. We would 1st go into the details of why you should buy Bitcoins and thereafter, we would look into some websites where you would be able to buy Bitcoin quite easily.

Read More
Guide Invest

Best Bitcoin Investment Strategy – How to Invest in Bitcoin


If you know a bit about bitcoin, you’ve seen the massive upwards trends of the cryptocurrencies market. Fortunes were made and unmade as speculation and investments poured into the market.

If you’re looking to get your share of the pie, keep reading to learn about the best bitcoin investment strategy.

Read More
Cryptocurrency Guide News

History of Bitcoins – Bitcoin Founder’s Net-worth 2017

History of Bitcoins

Bitcoin founder’s net-worth 2017

With the increase in the value of Bitcoin in this very year, the founder of Bitcoin Satoshi Nakamoto is worth a lot more owing to the quantity of 1 million Bitcoins which he has. Also, with such a large collection of Bitcoin, he can easily manipulate the price of Bitcoin if he so desires. However, the exact identity of Satoshi Nakamoto is still a mystery. In the current valuation of $ 2700 per Bitcoin, somewhat it would be around 2.7 billion. Considering his net worth, he is one of the few billionaires who has continued to remain anonymous even after amassing such a great amount of wealth. While most of the people came to know of Bitcoins only after they became very expensive but Bitcoins have undergone a lot of changes in the type of system which revolves around it.

Read More
Guide Introduction

What Is Bitcoin Block And Block Confirmations – CoinsIQ


Aѕ ѕооn аѕ a transaction is ѕtаrtеd, it is ѕеnt tо Bitсоin nеtwоrk fоr рrосеѕѕing and hаѕ tо be inсludеd in a bitcoin blосk before becoming lеgitimаtе. Thе рrосеѕѕ of imрlеmеnting аn ореrаtiоn in a nеwlу fоund block iѕ саllеd a trаnѕасtiоn соnfirmаtiоn.  Pеrmаnеntlу recorded files at Bitcoin containing information оn оссurrеd trаnѕасtiоnѕ аrе called blосk. A Bitcoin Blосk iѕ the rесоrd of the еvеrу recent trаnѕасtiоn оr itѕ раrt thаt hаѕ nоt bееn rесоrdеd in thе previous blocks. Practically in all cases, blосkѕ аrе аddеd tо thе end of the сhаin, which соntаinѕ аll trаnѕасtiоnѕ аnd iѕ called blосkсhаin. Whеn a blосk iѕ аddеd tо the end оf thе сhаin, it саnnоt be сhаngеd. Eасh bitcoin block соntаinѕ information about everything that hарреnеd in рrеviоuѕ blосkѕ bеfоrе it was created.

Read More
1 4 5 6 7