Cryptocurrency Mining is Not What It Used To Be…
As you know, cryptocurrencies operated on a blockchain platform must be mined. The power consumed by a bitcoin network equals Slovakia’s yearly consumption, which is 27.89 TWh. This figure grows…
Posts Tagged: Cryptocurrencies
Ethereum Classic, a cryptocurrency surviving thanks to loyalty
Next to A well-known cryptocurrency Ethereum, there is also a currency known as Ethereum Classic, which is somewhat different. To understand the appearance of Ethereum Classic, we should first check…
Part 7: Fundamental Analysis – Trading Cryptocurrencies
Does it make sense to use fundamental analysis for trading cryptocurrencies? Is such an analysis reliable enough? Sure, it is. Otherwise, we wouldn’t spend so much time on it in…
How can I trust something that doesn’t exist?
Before the very first Bitcoin London conference in 2013, a survey was carried out to gauge the spread of knowledge about the cryptocurrency, four years on from launch. Although the…
Ethereum, is it the new bitcoin?
The number of virtual currencies (cryptocurrencies) is big, ranging from hundreds to thousands. According to some estimates, there are about 2 000 different types of cryptocurrencies. The majority of people,…
News: Trading cryptocurrencies with binary options brokers
Cryptocurrencies have become a global phenomenon frequently discussed in various forums. I am sure that you have heard at least some of the terms such as Bitcoin, Ethereum, or Litecoin….
Bitcoin? What is it? Why such a sky-rocketing rise? Can one make money on bitcoin?
Bitcoin is a virtual currency. A currency, just like the US Dollar or Euro. It is a currency that is not associated with any particular country, however. Though not subject…