What is Litecoin?
Litecoin is one of the oldest old coins on the market. Like other cryptocurrencies, it is a global, digital means of payment based on blockchain technology. The cryptocurrency was founded in 2011 by
What is Ethereum?
For some it is "Bitcoin 2.0", for others - its much richer alternative. Ethereum is the second-largest cryptocurrency in the world that has long remained in the shadow of its older brother.
Why your business should accept Bitcoin?
International Sales Bitcoin transactions allow you to expand your markets to basically anywhere. The only limitation is if you’re selling a physical product - where you’d be willing to sh
Who controls Bitcoin?
The truth is that nobody controls Bitcoin - it's just like the Internet. Nobody owns it and is not the owner. Nobody has ultimate power over it. No one can take control of it, close it or chang
What is Blockchain?
Blockchain is a technology that is used to store and send information about transactions concluded on the Internet. This information is arranged in consecutive data blocks. One block contains informa
Bitcoin on the world
From December 31, 2013 to November 5, 2019, there was an increase of 879% from 1773 to 15596 acceptance points for cryptocurrencies in various parts of the world including ATM. The leaders in t
When will the last bitcoin mining end?
Digital coins are created each time a user discovers a new block. The rate of block creation is adjusted every 2016 blocks to aim for a constant two-week adjustment period (equivalent to 6 per hour.)
Bitcoin mining energy consumption
Mining Bitcoin or any other cryptocurrency consumes a massive amounts of energy. According to a recent report, the process of generating a Bitcoin (Bitcoin mining) now requires 73.121 TWh of energy