Author: Cristina Macias

Cryptocurrency can be obtained through the process called mining. Currently, there are 4 ways to mine- via the cloud, CPU, GPU or ASIC. What is Cryptocurrency Mining? Crypto mining is the digital form of traditional mining, only this time it’s collecting cryptocurrency instead of rocks or minerals. Instead of a tool or machine, a computer or similar hardware is used to mine cryptocurrency. The PC will carry out ‘Proof of Work’ tasks, which give you a small amount of crypto every time you complete them. Different Methods of Mining Cloud Mining Cloud mining is a fancy word for ‘renting’ a…

Buying your first cryptocurrency can be a trying experience especially if you’re a beginner. For instance, how much should you buy, and where should you get them? Fear not, though as we present 5 beginner-friendly tips on how to successfully make a transaction. Prepare Your Wallet The first thing to do is to prepare for the digital asset by getting a wallet that can hold it. Cryptocurrency may not be stored via traditional means- you will need storage in the form of a hot or cold wallet. These can be an app or a device that can hold the token…

Cryptocurrencies such as Bitcoin make use of an age-old concept called tokens. These items are usually exchanged for drinks, rides or food in fairs. In other applications, a token could allow you entry or show that you own a certain collectible item or product, among others. A token in the world of cryptocurrency can mean other things, though. Here’s a short guide on understanding cryptocurrency tokens. What is a Cryptocurrency Token? A token is a representation of a value that’s set by an authority. In the world of Blockchain, a token is something that has value and is available for…

Do you know that crypto tokens come in different types and serve different functions? It’s true! Before investing in a cryptocurrency you’ll want to do some research and find out what it’s for. If you’re into investing, Bitcoin and other currency tokens should be your point of interest. If you’re new to the crypto investment industry then it’s best to visit this site so you can be up to speed and make money online. Let’s take a look at the different types of tokens below. Asset Token An asset token is usually tied to a tangible asset, such as bonds,…

The first thing any interested crypto investor should do is look for a crypto trading platform. A cryptocurrency exchange is a hub where people can buy and sell Bitcoin and other cryptocurrencies. There may be a dozen or so crypto trading platforms out there, but only a handful can be considered the best. Here are 4 tips on how you can discern the best crypto exchange: Review and Reputation In order to protect your hard-earned money and capital, it’s imperative that you choose a trusted crypto exchange. The price to pay is too great, as you could lose all your…

Contrary to popular belief Bitcoin isn’t just the only cryptocurrency that has gained attention these past few years. There are some that escaped Bitcoin’s shadow and became well-respected in their own right. Here are 6 more cryptocurrencies any crypto enthusiast should keep his or her eye on for 2021: Monero Monero is an open source currency that’s untraceable and secure. It was launched in 2014 and soon became a fan favorite. Monero enjoyed immense attention and its value rose, mainly due to donations and the community. Its two main focus is decentralization and scalability. Furthermore, it has a level of…

If you’re looking to make money online then Bitcoin investment is a possible solution. Ever since it was launched in 2008 Bitcoin has steadily grown from a novel digital asset to a major mover and shaker in the investment world. Is Bitcoin Investment Safe? All investments, no matter how safe the experts say they are always carries an element of risk. With Bitcoin and other cryptocurrencies, there’s a danger inherent with stock prices- they can go up or down suddenly. With cryptocurrencies, there’s also a chance that your asset could be hacked into and stolen or lost. The silver lining…

It’s hard not to talk about Blockchain whenever cryptocurrency is mentioned. After all, it’s literally the building block for it and has several applications outside tokens. Today we’ll talk about private Blockchain and how it’s being used around the world. The most common application is perhaps crypto trading, where you can go URL and learn about how to make money on the internet by investing in Bitcoin and other noteworthy cryptocurrencies. What is a Private Blockchain? A private Blockchain is a kind of Blockchain tech where the ecosystem is maintained and controlled by a single organization. Almost every private Blockchain…

There’s never been a more exciting time to invest in Bitcoin. Its value is rising, organizations are sitting up and taking notice and there’s a boom in cryptocurrency investing. But before that, do you know how to buy Bitcoin and store them? Here’s a short guide for beginners who want to invest in Bitcoin or other cryptocurrencies. What Will You Need? Cryptocurrencies are digital assets and need to be stored somewhere. You can let them sit idle in a crypto exchange but that will be risky, since the platform is susceptible to hacking and security breaches. Serious investors will need…

Centralized cryptocurrency exchanges have made trading Bitcoin and other cryptocurrencies more accessible to just about everyone who wants to invest in the digital asset. In a KYC, or know your customer rule, centralized exchanges have their own set of benefits for both users and investors alike. A decentralized exchange platform is unregulated and allows for peer to peer trading run by smart contracts and Blockchain. While this may seem to be better in terms of security and privacy, centralized exchanges have the edge when it comes to wallet security and curbing illegal transactions. Here are 4 advantages of centralized crypto…