BlogHide Resteemsecos.eng (43)in bitcoin • 4 years agoTop 5 questions about Bitcoin!What is fiat money? Fiat money is government-issued currency that is not backed by a physical commodity, such as gold or silver, but rather by the government that issued it. The value of fiat…ecos.eng (43)in bitcoin • 4 years agoTop 5 questions about Bitcoin. Week 37.🔘 How to get free bitcoin? All you need is a computer and an internet connection. And then you can use cryptocurrency faucets. Cryptocurrency faucets are sites that give out coins for performing…ecos.eng (43)in bitcoin • 4 years agoTop 5 questions about bitcoin. Week 36.🔘 When did bitcoin start? Bitcoin was invented in 2008 and released as open-source software in early 2009.2 The first transaction took place between Nakamoto and an early adopter of bitcoin in…ecos.eng (43)in bitcoin • 4 years agoTop 5 questions about bitcoin🔘 How to get a bitcoin wallet? A Bitcoin wallet is an application or program that allows you to store, send and receive bitcoins. Wallets also keep track of your balance, which is stored in one…ecos.eng (43)in bitcoin • 4 years agoHistory of mining: VenezuelaVenezuela is one of the leaders of most mining efficiency ratings. A lot of people do not know why it is so profitable to mine there. And the answer is quite simple - cheap electricity. No, you…ecos.eng (43)in bitcoin • 4 years agoHistory of mining: JapanWhy hasn't Japan become the mining capital? The answer is simple - the cost of electricity. But this does not prevent Japan from being one of the countries that miners consider to conduct their…ecos.eng (43)in bitcoin • 4 years agoCrypto Mining in Canada — Tax Catch 22The Canada Revenue Agency (CRA) does not consider the use of cryptocurrencies and Bitcoin as certified mediums of exchange in Canada. The interpretation of the currency act states that the monetary…ecos.eng (43)in mining • 4 years agoThe history of mining: ChinaThe death of communist leader Mao Zedong on September 9th of 1976 catapulted the Household Responsibility Systems in China’s Agricultural Reform system. “Let China sleep, for when she wakes she will…ecos.eng (43)in sec • 4 years agoFinancial institutions: on the threshold of a new stage.Financial institutions stand at a crossroads of deciding whether to stay compliant or take the leap of faith in crypto and blockchain. The most recognizable leading corporations in the world are in…ecos.eng (43)in yuan • 4 years agoCryptoYuan — good or bad? What will happen to Bitcoin and Mining in China? 🤔In April of this year, for the first time in history, China launched its own cryptocurrency — the digital yuan. It would interesting to compare opportunities and obstacles facing the crypto mining…ecos.eng (43)in bitcoinmining • 4 years agoTop 3 main mining challenges and how to struggle itCrypto Mining is itself a digital currency mining process. And like for any other digital industry, mining faces a number of difficulties. The task of each miner is to know about them, to be able to…ecos.eng (43)in blockchain • 4 years agoFaculty of the future. Where to learn blockchain and cryptocurrencies?More and more universities around the world are offering now new industry courses. The demand for education on the blockchain is just growing: specialists are looking for opportunities to fill the…ecos.eng (43)in bitmain • 4 years agoBitmain: Jihan Wu vs. Micree Zhan. What happens between the founders of the largest mining hardware equipment company?Let's look through the history of Bitmain. The founders of Bitmain were Jihan Wu and Micree Zhan. Entrepreneurs are kept in the background, the details of their biography are little known. Jihan…ecos.eng (43)in mining • 4 years agoNew opportunities to create an income. How can you make money on the growth of bitcoin.The world economy has changed significantly during the coronavirus pandemic, and as a result, there has been a decline in business activity around the world, a decline in the stock markets…ecos.eng (43)in bitcoinhistory • 4 years agoLet's look through the mining history – its raise and failsOver the past decade, the machines that maintain the Bitcoin network have undergone rapid technological development. Mining equipment is a fundamental feature of the success of the bitcoin network…ecos.eng (43)in halving • 4 years agoBitcoin mining difficulty. What should we expect after Halving?What is BTC halving definition? Halving is the decrease of the size of the reward to miners for adding a new block to the Bitcoin blockchain. It is known that Satoshi Nakamoto put halvings on the…ecos.eng (43)in mining • 4 years agoWhy is the cost of electricity so important for mining in 2020?Today, the cost of electricity is one of the most important indicators that determine the profitability of bitcoin mining along with the equipment capacity. Simply put, the cheaper the miner costs…ecos.eng (43)in investment • 4 years agoMining as a working business strategy: Profitability calculation comparing the income from investment and deposits.Before you start investing in a mining company, you should definitely understand the nature of the mining industry and the risk level related with the industry. Experiences in the industry regularly…ecos.eng (43)in halving • 4 years agoHalving has happened. What's next?On May 11, at 19 hours 23 minutes ETC, another Bitcoin halving took place, as a result of which the reward for finding a new block was halved from 12.5 to 6.25 BTC. How did the market react to this…ecos.eng (43)in halving • 4 years agoIs there life after halving?Bitcoin halving, which took place yesterday, remained the number-one trending topic of recent months! How will the rate of the №1 cryptocurrency change, what will happen with mining field, and who…