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Few technologies have the ability to create such a buzz as Blockchain. Since its creation in 2008, it has been at the forefront of many technological conversations and is often hailed as a game-changer in a variety of industries. So, what is Blockchain? In its simplest form, it is a digital ledger that records transactions…
The Concerns with Digital Payments Some people might be concerned about making payments with a computer or phone. They might worry that their information could be stolen or that they could lose money. When people make payments with cash, there are some protections. For example, if you accidentally leave your wallet somewhere, it’s unlikely that…
If you’re thinking about getting into mining crypto, you may be wondering if you need special hardware to do it. The answer is…maybe! Mining crypto is a great way to generate passive income, but the process can be pretty resource-intensive. If you’re not careful, you could end up spending more on electricity than you earn…
Incorporation investors have become reluctant to support a growing asset class. In May, Tesla CEO Tesla said the firm wouldn’t accept vehicle payments made using Cryptocurrency because the industry had become regularly more dependent on renewable energy to mine Bitcoin. The media frenzy over Cryptocurrency remains temporarily in the hands of many institutional investors despite…
There’s a new trend afoot in the world of virtual currencies – so-called decentralized autonomous organizations (DAOs). While similar to the popular crowdfunding mechanisms employed by many companies today, DAOs have no CEO, no board of directors, and are run entirely by computer code. People who buy tokens or shares in DAO companies can then…
It’s a story that we have all heard before. You set up your crypto wallet and the next thing you know, it disappears. Well, I’m here to tell you that my day didn’t go so well either! As I was checking my balance from time to time with Wallet, one day I noticed that there…
Adidas is a pioneer in the digital space. In their latest endeavor, they created an exclusive NFT for all of their fans! This article goes into detail about what this means and how it will change the world of footwear and fashion forever. Adidas’ New Digital DNA Adidas was looking at the principles of web3…
Crypto Mining Crypto mining is the process of verifying and adding new transactions to the blockchain. Miners are rewarded with crypto tokens for verifying and committing transactions to the blockchain. The more tokens a miner has, the more likely they are to be able to commit a new block and receive the associated rewards. Mining…
Almost every day, mining cryptocurrencies is being talked about in the news. But what are mining cryptocurrencies? Mining cryptocurrency is a process of mining for crypto coins by using your computer to solve complex cryptographic puzzles which result in blocks of coins being released into circulation. What you may not know is that mining cryptocurrency…
Crypto mining is the process of solving complex mathematical puzzles to validate crypto transactions. It’s a relatively new industry that can be profitable, but it has led to some negative side effects. For example, crypto mining uses up large amounts of energy and generates quite a bit of heat in the process. The possibility exists…
