What Are Private And Public Keys?

We usually run into the terms private and public keys when we talk or learn about cryptocurrency. Cryptocurrency wallets – you can protect investments and transfer funds through blockchain transactions or simply store tokens and coins in them – especially are combinations of public and private keys. Public and private keys design the foundation for…

Top Crypto Wallets

There are different wallet options to choose from. And two ways they can get categorized. On one hand you have hardware, software and paper wallets. On the other hand, you can also divide the wallets into cold (offline) and hot (require internet connectivity) wallets. In the following, we want to give you a list of…

ASIC-Miner Explained

What is an ASIC miner?ASIC miners are a piece of equipment or computing systems that are built for mining cryptocurrency only. ASIC stands for Application-specific integrated circuit. Each device is designed and made to mine a new specific coin and particular algorithm. That means, a Bitcoin ASIC miner can only mine BTC, a Litecoin ASIC…

How to Keep Bitcoin Mining Safe?

If you decide to start bitcoin mining, you should be aware that it can come with several security risks. To be successful with mining cryptocurrency, you really need a lot of computing power because the numeric puzzles became so difficult to solve. This can be a risk. It became a thing to compromise public Wi-Fi…

Miner Hosting

What is miner hosting, and how can you benefit from it? When you are considering getting in touch with miner hosting you will be able to host and store your servers (usually ASIC miners for Bitcoin) at a colocation centre. Depending on your budget and your needs you can choose from different facilities. Those colocation…

Mining Pools – How to Choose the Best One

What is a mining pool?In a mining pool several miners combine their individual computational power, which helps to achieve the desired output faster and the chance is higher to discover e.g. bitcoins. It is recorded how much work each participant is doing, and then they split the reward among the various pool members afterwards. By…

Mining Cryptocurrencies

What does mining mean?Simply said, mining means that you can earn e.g. bitcoins without paying actual cash money for it. That is it not free at all, we will find out later in this article.Miners verify transactions and complete blocks (one block = one megabyte worth of bitcoin transactions), which are added to the blockchain.…

Ethereum – a Programmable Cryptocurrency

Ethereum introduction Ethereum is – like bitcoin – a public blockchain and the second largest cryptocurrency. This technology makes it possible to transfer digital money without banks or other financial providers. It is based on the bitcoin innovation and technology, but there are big differences between those two. The biggest difference is, that Ethereum is…