Gold-Backed Crypto and the US Dollar

crypto gold

Could a new gold-backed cryptocurrency be about to replace the US dollar’s hegemony? US Dollar – Reserve Currency Status The US Dollar, in its different forms, has been the world’s reserve currency for the best part of a hundred years now. But is its time coming to an end? This came about after Britain spent … Read more

Ethereum implements ProgPoW

ethereum progpow

Ethereum core developers are moving forward with ProgPoW, an update for making Ether mining more ASIC resistant. The hardfork is tentatively scheduled for July. Ethereum core developers, once again, came to consensus on implementing ProgPoW. The hardfork is scheduled to happen three weeks after EIP-1962, a non-contentious update that will add additional cryptographic functions to … Read more

Best Mining GPU Cards for 2020

mining gpu

Invest in one of the best mining GPU 2020, if you’re thinking about delving into cryptocurrency mining. Cryptocurrency may not be as popular as it used to be, but that doesn’t mean it’s dead. Bitcoin, Ethereum and other crypto coins are still flowing, while others are booming, which means that there’s still a demand for … Read more

Gamers invest in virtual real estate

blockchain real estate

This week alone, gamers, virtual reality enthusiasts, and the cryptocurrency community have invested nearly a million dollars worth of real-world currencies into virtual real estate generated and maintained by blockchains. The three largest blockchain-generated virtual world games, The Sandbox, Decentraland, and Cryptovoxels, all saw the total trading volume of their digital tokens surge above $940,000 … Read more

5 cryptos to mine at home

crypto to mine

When Satoshi Nakamoto first introduced Bitcoin, it was possible for people to mine bitcoins using laptops and desktops. Original bitcoin miners used standard multi-core CPU. The difficulty of mining was very low. In fact, if you had a couple of computers lying around with decent specs, you could have earned around $5 a day. Then, … Read more

Decentraland launches with a bang

virtual land

A newly launched game is buzzing in the cryptocurrency sphere , one that allows you to own virtual real estate. Decentraland Ethereum-Based game is among the pioneering virtual reality game using the blockchain and digital ledger technology. The game is based on a rather old idea that has been around for a decade, remember monopoly? … Read more

Texas Bitcoin mining industry hq

The Bitcoin mining industry has never been more bullish. Until now the majority of mining has been centred in China, but is that about to change? Is Texas set to become the new HQ for the Bitcoin mining industry? Even before the Coronavirus outbreak Bitcoin mining firms announced major plans for new mining farms in … Read more

What is the best altcoin to mine

mining crypto

Hello and welcome to this guide to the best coin to mine. First things first, I must point out that cryptocurrency mining is a huge topic and to understand it fully would take a much longer article than this one. That said, I’m hoping that this will serve as the perfect introduction to the topic. … Read more

What is Cryptocurrency Mining?

what is crypto mining

Cryptocurrency mining is a vital part in the validation and processing of transactions within a proof-of-work (PoW) consensus protocol, blockchain network. Not all PoW are the same, but essentially, miners use their computing power to solve cryptographic computational equations. This is with the intention of securing the network and earning a reward for their work. … Read more