Bitcoin mining is a process that involves the generation of new Bitcoin by solving mathematical processes. Bitcoin was launched in 2009, by the alias ‘Satoshi Nakamoto’. Ever since its launch, there have been two developments to the Bitcoin mining process. Bitcoin Mining History Till today, there have been two developments to the evolution and composition […]
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Category: Cryptocurrency
Time Taken by Bitcoin to Recover After a...
According to the host of InvestAnswers, Bitcoin (BTC) isn’t much away from making a recovery. The host made these predictions after referring to the historical data. Addressing his YouTube subscribers, InvestAnswers host said that 89 days are taken by average correction and average pullback devaluates BTC about 57% from the top, adding that after a […]
Bitcoin Wallets: Hot & Cold Wallets
Bitcoin wallets provide safe storage of digital assets to an investor. There are several options from which a Bitcoin wallet can be selected. But before selecting a wallet the first thing that one should be aware of is hot wallets (online wallets) and cold wallets (paper or hardware wallets). Hot Wallets They are wallets that […]
Bitcoin Whale Status at a Time When BTC ...
Anthony Pompliano, the co-founder of Morgan Creek Digital, is analyzing on-chain metrics to determine if Bitcoin (BTC) whales are accumulating crypto tokens when it is trading close to $30,000. Pompliano informed his YouTube subscribers that most of the BTC whales have been quiet during the recent slump in the market. Pompliano also stated that for […]
Bitcoin Mining Math Puzzle
In Bitcoin mining, complex math puzzles are solved by the miners to create new Bitcoins. To solve these complex math puzzles huge mining rigs and electricity is required. The miner who solves the puzzles first is awarded Bitcoin. What are these Bitcoin mining puzzles? For the creation of Bitcoin and to earn rewards, miners are […]
With Non-Exchange BTC Supply Reaching It...
Even though the prices of Bitcoin have fallen significantly in the last few weeks, crypto whales are still buying Bitcoin (BTC). As per the data provided by market analytics firm Santiment, whale addresses holding Bitcoin between 1,000 and 10,000 have risen to 40,000 additional BTC in just two days. The data discloses that the whales […]