Reading Time: 4 minutes
Hailed as a potential game changer in the financial industry, blockchain is the technology that ensures the security of cryptocurrency transactions. In this article, we’ll go over how blockchain works and how it protects your cryptocurrency…
Author: Dea Rezkitha
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What is Hashrate?
Reading Time: 5 minutes
If you’re starting to dive deeper into Bitcoin mining, you’ve probably heard the term hash rate a lot. Hashrate is an important component in keeping Bitcoin safe. Hashrate shows how many computations the hash algorithm can process per…
Reading Time: 3 minutes
Bitcoin is superior to fiat currencies or government-issued currencies because of its blockchain technology. Blockchain is a digital ledger, whose data cannot be changed, ensuring double-spending or transactions using the same bitcoin more than once do…
Reading Time: 4 minutesBitcoin’s high energy consumption often sparks debate about the importance of efficiency efforts in the bitcoin mining process. According to data from the Cambridge Center for Alternative Finance (CCAF), Bitcoin currently consumes around 110 Terawatt Hours per…
Reading Time: 4 minutesAs the first decentralized currency, Bitcoin is designed as open-source software. Therefore, the actual Bitcoin program can be updated and changed. Anyone can propose changes or new ideas as long as they are generally agreed upon by…