, 2022-05-19 12:34:00,
GreenHashes has united technical blockchain experts, top miners, and analysts with one goal — to popularize the mining industry and bring cloud mining to a brand new level.
Everyone who has access to the internet has heard at least once about the “magic” world of cryptocurrencies.
There, ordinary people become real investors and multiply their initial capital repeatedly. But some get there indiscriminately: they do not know what to buy, where to store, and how to use it.
Cryptocurrency is a digital currency that was built on Blockchain. Cryptocurrency is also called “crypto”, “digital coins”, “virtual money” and other combinations of these words.
The king in the cryptocurrency industry is Bitcoin, first launched and introduced in 2009 by Nakamoto. The real name of this person (or group of people) is still unknown. Now the total value of bitcoins is around $750 billion.
To generate one Bitcoin, you need to mine it. Mining is performed by high-powered computers that solve complex computational math problems.
In return for decisions, computer owners receive coins stored as records on the blockchain. Blockchain is like a digital ledger that is stored on the computers of all users at the same time.
Blockchain cannot be hacked or manipulated.
Even if you launch a computer fake record on the network, other computers will immediately compare it with their own and refuse to accept it.
To succeed in hacking, you need to fill the network with a multitude of fakes – and it might be impossible.
Mining can be classic, on processors or video cards. Cloud mining is a trend that was recently introduced. It allows a user to rent capacities from a mining company and thus accumulate cryptocurrency.
The value of cryptocurrency is very dependent on the media. News…
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