Here we will attempt to explain this 21st century phenomenon both by definition, origin and meaning. Most people today would have, at least, heard of the term cryptocurrency (or crypto currency). Much noise and press releases are overwhelming the general audience with speculative facts, observations and expectations, but cryptocurrencies such as Bitcoin and Ethereum are, it seems, here to stay. Hence, weather it is the widely talked about “Speculative bubble”, or indeed “the money of the future”, the entire blockchain system, stemming behind it – as announced at first in late 2008 by Satoshi Nakamoto, the unknown father of the cryptocurrency, as “A peer-to-peer electronic cash [...]
Is it a good time to ready the gear and walk to the mine?
So you’ve probably heard of it, some of your friends or colleagues may be doing it, or in any case, you are aware that some people here and there are doing it. Now it seems that most everyone is getting in on it, have been for a while and finally it is just natural that you may ask yourself: Should I get in on it? If you had begun mining for Bitcoin back in 2009 or ‘10, when it was newly released, you would have been swimming in money by now, but then again – it’s easy to say that now. Along the timeline, cryptocurrencies experienced plenty of highs and lows, especially so in the case of Bitcoin. But if you are eager to [...]