Tag Archives: Bitcoin

How to Properly Store Your Digital Currencies

Cryptocurrencies are becoming an increasingly popular means of payment all around the globe. With the rise of digital, decentralized currencies such as BitCoin and Ethereum, many people are starting to invest in virtual money. In fact, some economists believe that this may be the definite future of money itself. If …

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Should You Buy a New or Used Gpu for Cryptocurrency Mining?

Cryptocurrency mining was once an arms race that drove up demand for graphics processing units (GPUs). Despite the rising demand for GPUs, the crypto mining gold rush came to an end fast as the difficulty of mining popular cryptocurrencies such as Bitcoin grew at the same time. If bitcoin miners …

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Why Is Crypto Mining So Energy-intensive

Crypto critics frequently point to Bitcoin mining’s negative impact on the environment as a major source of concern, so why is mining so energy-intensive? And, first and foremost, what is Bitcoin mining? Simply stated, Bitcoin mining refers to the process of making new Bitcoins. But it’s more than that: Bitcoin …

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Should You Accept Your Paychecks in Cryptocurrency? 8 Considerations

At some point, you may have the option to accept your paycheck in the form of cryptocurrency, rather than the traditional U.S. official currency you’re used to. You may request this of your employer or your employer may request to pay you this way. Either way, is this a legitimate …

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