Tag Archives: bitcoin

Characteristics of Cryptocurrency Wallet

The cryptocurrency wallet stores two important keys called public and private key. Both keys can be used to receive the cryptocurrency. There are 900 cryptocurrencies present in the wallet. Among 900, the best-known one is Bitcoin. The wallet may include various public and private key pairs, but only some wallets will guard multiple cryptocurrencies. But […]

Securing your Bitcoin

hardware wallet

Bitcoin – Decentralized digital currency is becoming more valuable than any other currency. Also it is not so easy to mine or earn like other cryptocurrencies which makes its unique presence. We don’t want to jump into the bitcoin because of its worth or value. Another important question among the people is that whether 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 […]

Bitcoin Mining – Is it Profitable?

mine bitcoins

Bitcoin is a Decentralized Digital Currency, transaction between the two people takes place directly by using the private key and public key. New Bitcoin is created through Bitcoin Mining Process. A computer with internet connectivity and a suitable hardware is enough to do the Bitcoin Mining. It is the process of adding transaction records to […]

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 […]

Mine Bitcoin using CPU with Secured Hardware Wallet

gpu bitcoin mining

Bitcoin Mining is the way through which a new bitcoin is created. The User offers their Computing power to verify and record the payments into the public ledger and for which the users were rewarded as a Bitcoins. This activity is termed as Bitcoin Mining. CPU Mining The CPU Mining is not a recommended mining […]

Hardware Wallet – Keep Your Bitcoin Secured

bitcoin

The Major target of hackers will be the Cryptocurrency exchanges and servers because it holds a large amount of Currency. There are various examples of such hacking, one of them is Mt Gox exchange in 2013. In that hacking event, about 850,000 Bitcoin were stolen which costs $450 million at that time. Now On October, […]

How to Bitcoin Mining takes place?

bitcoin mining

Bitcoin is the decentralized form of cryptocurrency. No one can track your transaction without your private key information. Bitcoin transaction can only take place with the private key and public key. It’s recommended to generate the new key while undergoing transaction. Because the person can track your Bitcoin Transaction through your private key address and […]

Functions of Bitcoin Wallet | Strange & Secure

bitcoin

About Bitcoin Bitcoin is the Decentralized Digital Currency. It is also called as Digital Payment System and the system does not depend on any intermediate or third party software. The Transaction between the two people will take place directly. A Bitcoin wallet is not like normal wallet used to save money in it. Actually, it […]