Category Misc

How Does Blockchain Technology Work?

Blockchain technology is a hot topic right now because it is a new way of storing and managing information. A common question today is ‘how does blockchain technology work?’ It works like a digital ledger, which is a list of…

A New Bitcoin Mining Council Created to Address Concerns

Microstrategy CEO Michael Saylor and Tesla CEO Elon Musk announced the formation of a group called the Bitcoin Mining Council (BMC), spearheaded by Saylor. The group’s mission is to “promote energy usage transparency and accelerate sustainable initiatives throughout the world,”…

Why Ethereum Could Succeed Even if Ether Crashes and Burns

Buyers of ethereum-based ERC-20 altcoins helped to drive the price of the second-largest cryptocurrency in the world up to an astonishing $1,400 per token in mid-January. After this, interest in the initial coin offering industry has waned considerably. Image credit:…

Learn How Bitcoin Mining Works

Many folks out there are wanting to learn how bitcoin mining works. Powerful computers are used to mine bitcoins by solving complex computational mathematics problems. The problems are so complex that they’re impossible to be solved by hand and are…

Do You Understand How a Blockchain Wallet Works?

A blockchain wallet allows users to manage and store their bitcoin and ether digitally. Cryptocurrency wallets are provided by Blockchain Wallet, created by Peter Smith and Nicholas Cary. With a blockchain wallet, users can transfer cryptocurrencies and convert them back…