Tag Archives: mining

Cryptocurrency is a decentralized digital (or virtual) currency that utilizes cryptography to guarantee secure transactions and to control the creation of new coins. It acts as a medium of exchange or monetary value and it is used to convert transactions. It operates without the governing of a trusted third party, …

You probably know that Bitcoin has a finite supply. This means that only 21 million Bitcoin are allowed to be in existence. Hence, the value of this cryptocurrency depends highly on this key factor. Despite all the uncertainties which surrounded Bitcoin ever since its beginning, the cryptocurrency has kept rising. …