How Cryptocurrencies are Affecting Traditional Markets

In December 2017, the cryptocurrency market value surpassed $500 billion for the first time – an increase of more than 2,700% when it was just $17.7 billion at the year’s start. The cryptocurrency market value surpassed $500 billion for the first time Furthermore, cryptocurrency trading platforms within the global market have reported adding more than […]

What is Cryptocurrency Mining?

Before understanding Cryptocurrency, you first need to understand what blockchain is and how it works. Blockchain is a technology that supports almost all cryptocurrencies. It is a public ledger of every transaction that has been carried out in a cryptocurren These transactions are assembled into what are called “blocks”. These are the verified to ensure […]

What is a Mining Pool?

Mining pools are group of miners working together to mine cryptocurrency and share the rewards based on the hashrate everyone contributes. While success in individual mining grants complete ownership of the reward, the odds of achieving success is very low because of high power and resource requirements. A mining pool increases the success rate as […]