Home / bitadmin (page 4)


How Blockchain Could Change The Way Businesses Work

What is a Cryptocurrency?

Blockchain could potentially be the future of all future business transactions. But what is blockchain and what’s the big deal? What is blockchain? Put simply, it is a method of recording data. In effect, it is a digital ledger of agreements, contracts, and transactions that is distributed across many thousands …

Read More »

How Bitcoin ould help decentralise the internet

One of the big problems with the existing internet is that it is controlled. It relies on massive server farms, internet service providers, corporations and governments to keep running. The Bitcoin blockchain indicated the way an alternative could be devised: an internet with no center, no control, and no server …

Read More »

Ethereum Mining Pool Comparison

Key Pool: Collection of miners Fee: Cost to mine on the pool Min Payout: How how you need to mine before Ether is sent to your wallet VarDiff: Your share difficulty will rise or fall depending on your overall hashrate. This ensures that low-hashrate users don’t get sent difficult blocks, …

Read More »

Will Ethereum eclipse Bitcoin?

Unless you’ve been living under a rock for the past couple of years, you’ll have heard of Bitcoin and its dramatic recent rise in value. Just this year alone, Bitcoin price has surged from around $1,000 per coin in January to a high of $3,000 in June. Cryptocurrencies have now …

Read More »

Snipe The Trade

Snipe The Trade provides market analysis and also a trading platform for numerous commodities. Forex, CFD and binary options trading are all supported by this platform as well as cryptocurrencies such as bitcoin and ethereum. How well does the site perform when it comes to trading crypto-currency? The first consideration …

Read More »

Can new cryptocurrencies boost the industry?

The trouble with the Bitcoin market, indeed any online market, is that rivals can set up a clone or competitor with relative ease. For the cryptocurrency industry, this creates both risks and opportunities. Negative impact of Bitcoin alternatives The growing number of smaller players may create alternatives, but they dilute …

Read More »

What is Bitcoin? A beginner’s overview

Bitcoin first emerged in 2008, following accusations that major banks were misusing borrowers’ money, fixing the system and charging huge fees for the privilege. The pioneer of Bitcoin – a mysterious individual or group of individuals known only as Satoshi Nakamoto – wanted to put the seller in the driving …

Read More »

The Bitcoins Lost Forever

As the popularity of Bitcoins continue to increase, so does the number of stories of people who have lost £Millions worth of the digital currency. In 2015 The Telegraph reported that some £625,000,000 wroth of Bitcoins where either lost or dormant. That figure would have doubled in 2017 to over …

Read More »

What Is Ethereum?

Based on blockchain technology, it is an open software platform that facilitates the building and deployment of decentralised applications. Although functioning in a similar way to Bitcoin, as a distributed public blockchain network, there are some important technical differences, especially in capability and purpose: Bitcoin offers an electronic cash system, …

Read More »

How To Mine Ethereum (ETH)

Ethereum Mining Rig

You’ve probably heard about Bitcoin’s greatest and youngest rival, the ether token. Some 300 times more valuable now than it was last year, ether was developed two years ago by Vitalik Buterin specifically for smart contracts, and it has far more applications than the Bitcoin. Also, rather than buy your …

Read More »