Stories in The Chain that you’ll love, handpicked by our team.
Can We Do Dogecoin Mining
Dogecoin and Litecoin mining have a common algorithm, as Dogecoin was originally based on Luckycoin which was derived from Litecoin. By using this algorithm, they can be combined in mining, which means that they can be mined at the same time without compromising operational efficiency. In the early years of Dogecoins, the dismantling of the currency was relatively easy, as only a few people participated in the network.
Japan and the UK Bar Binance From Doing Business Within Their Borders
The UK and Japan recently barred subsidiaries of Binance Holdings Ltd. from doing business in their countries. Binance is known as the world’s largest cryptocurrency exchange by trade volume, making it a hotspot for crypto enthusiasts and investors.
CleanSpark Has The Only Path Forward As A Bitcoin Miner
It's 2035, all mining companies have stopped mining Bitcoin and are now receiving revenue from transaction fees instead of receiving revenue through Bitcoin rewards. These mining companies have been holding and accumulating a stockpile of Bitcoin on their balance sheet for over a decade. Maybe their stockpile of Bitcoin has tripled in value to an amount equal to 10s of billions of dollars. But, what's next?
Scrutinizing NFT Prices
NFTs are all the rage today. A lot of companies are producing NFTs, whether they're pure collectables or components of a game. Some of these NFTs can go for a lot of money. But what are the mechanics behind NFTs are their prices? The beginning and end of price is supply and demand. But what goes into supply and demand? This question really can be applied to pricing any asset, but it can have further implications for projects involving NFTs, especially NFT based games.
Ethereum vs. Bitcoin: Are They Similar Or Different?
The world of digital currencies has started as it vastly revolutionized the financial transaction process. The digital currencies, also known as cryptocurrencies or crypto coins, began to emerge following the trail of Bitcoin. Bitcoin (BTC) is the first-ever cryptocurrency to surface in the financial sector. Holding Satoshi Nakamoto’s hands, it was first introduced in the industry and eventually influenced the other economic creators to introduce more of such cryptocurrency. Since Bitcoin and Ethereum are two prominent names, we will stress these two in this article.
Is Phone Crypto the Future?
Since the creation of Bitcoin 12 years ago, the world has revolutionized the way that we view cryptocurrencies. Initially starting out as a worthless currency, the current value of a single bitcoin hovers around fifty thousand dollars. Investors continue to try to stake their claims in bitcoin in hopes that it will continue to soar higher and higher. Following along with bitcoin, several other cryptocurrencies have risen to fame, notably Ethereum, Dogecoin, and Tether. Every week, new cryptocurrencies are formed, as techies race to create the next big currency. It’s no wonder after all, Satoshi Nakamoto, the inventor of Bitcoin is rumored to have over $34B USD worth of bitcoin stashed away.
Bitcoin Origins, Operations, Happenings, Objectives and Offerings (uh, BOOHOO for short?)
Who? The first thing that should be covered is, “Who came up with Bitcoin?” followed by, “Who actually gives a darn about Bitcoin?” The answer to the first question is complicated, but in short involves the name Satoshi Nakamoto. Anyone wanting to honor the founder(s) of Bitcoin should know that name, and it matters because nobody really knows for sure who Satoshi Nakamoto really is. The name is universally considered a pseudonym (meaning it is very likely not the real name of whoever came up with Bitcoin.) Maybe the real Satoshi Nakamoto is the guy who was supposedly handed over the keys to Bitcoin shortly before Satoshi Nakamoto was never heard from again (Popper, 2016).
No One Ever Asks “How is Bitcoin?”
Hey, I heard you’ve been asking about me. I keep my ear to the ground—I know what’s up. You’ve been wondering how I came to be. You want to know my secrets. Well, I’m here to say I’ve had it with your questions.
My Mom Invented Bitcoin
My mom invented Bitcoin. It’s crazy, I know. She just woke up one morning and decided to create a decentralized digital currency. Some people are born with the urge to disrupt the financial system, and my mom is one of those people. I remember being a very young child and hearing her say things like: “Fractional-reserve banking is inherently unstable, darling” And: “All I want is an encrypted peer-to-peer electronic cash system that relies on no middle man and exists in the public record. Is that too much to ask?” I would reply: “Are you coming to my dance competition?”
How the introduction of a new cryptocurrency register will affect Greek cryptocurrency holders
A register of cryptocurrency exchange and wallet providers is going to be established by the Hellenic Capital Market Commission, in order to monitor any cryptocurrency transactions, storage, etc., which involve Greek citizens.
Is Bitcoin just a bubble? Should you invest in Bitcoin in 2021?
On 8th January 2021 Bitcoin reached a record-breaking value of $40,258. And as you can imagine it became the talk of the town and everyone wanted to invest in bitcoin. But, a week later the value started to fall which led a lot of people to believe that bitcoin is nothing more than just a bubble.
Bitcoin vs E-Wallet vs Credit Cards - Pros and Cons
Everyone who hasn’t been living under a rock for the past decade has done online money transfers routinely. You probably use E-Wallet services like PayPal, Venmo and AndroidPay all the time, combined with or independently from a credit card. Many companies and e-commerce giants such as Microsoft, KFC and Overstock also accept Bitcoin as a payment method. Whether you’re a digital nomad who has to be their own accountant, an owner of an e-commerce business or just want to buy goods online, you should know your options.