Bitcoin Lovers

Bitcoin is a relatively new form of currency that is just beginning to hit the mainstream, but many people still don’t understand why they should make the effort to use it. Here are ten good reasons why it’s worth taking the time to get involved in this virtual currency. It’s...

The process of mining Bitcoins has evolved dramatically since their inception in 2009.   At first, miners could only use their central processing unit (CPU) to mine, but this was not very power efficient and bogged down the system resources of the host computer. Miners...

While the actual process of mining is handled by the mining hardware itself, special software is needed to connect your miners to the blockchain and your mining pool as well, if you are part of a mining pool. The software delivers the work to the miners and receives the...

Bitcoin wallets and addresses A user can have one or more bitcoin addresses from which bitcoins are sent or received using either a website or downloaded software often called a "wallet" like a digital wallet. Users can obtain new bitcoin addresses as needed. Many bitcoin...

Bitcoin is a cryptocurrency where the creation and transfer of bitcoins is based on an open-source cryptographic protocol that is independent of any central authority.Bitcoins can be transferred through a computer or smartphone without an intermediate financial institution.The...