Category Archives: bitcoin

Advantages and Disadvantages of Using a Bitcoin

bitcoin digital currency mining

Bitcoin was launched in the year 2009 as a public design. Unlike some traditional currencies like Dollar or Euro, it is not controlled by any central repositories. Bitcoin uses peer to peer technology which is similar to Skype, a video chat service. The Bitcoin transaction takes place through sharing the private key information and it […]

About Bitcoin and Other Famous Cryptocurrency

bitcoin mining

Bitcoin Mining Bitcoin Mining is the way through which the new bitcoin will come into the system. There are only 21 million bitcoins available as a whole. Until July 2017, the availability of bitcoin for mining is 16,366,275 BTC out of the total bitcoin (21,000,000 BTC). Everyone will have this question in their mind that […]

What is the future of bitcoin mining?

hardware wallet

The Evolution of Bitcoin had made a prodigious impact in the market. In the last 7 years, considering the power efficiency the generation of miners provided distinct changes. Competition of bitcoin mining: Increase in the value of bitcoin will directly impact on the competition of mining. The competition will end up in the need of […]