NiceHash, founded in 2014, is a Slovenian cryptocurrency cloud mining marketplace that connects miners (in this case sellers of hashing power) with buyers of hashing power. NiceHash's online platform is where buyers rent hashing (computing power). Sellers provide hashing power by connecting to the NiceHash marketplace with NiceHash's own mining software. One can earn with NiceHash … Continue reading Is Nicehash More Profitable Than Ethereum Mining?
For investors, it is important to understand the main differences between Bitcoin and Ethereum. Ethereum is growing in popularity and is constantly compared to Bitcoin. Still, they are in fact different types of projects. Bitcoin is a cryptocurrency operated by a decentralized authority and there are no physical Bitcoins. Bitcoin is distributed over a public … Continue reading What Is Ethereum and How Is It Different from Bitcoin?
Ethereum (ETH), which is a decentralized software platform that enables Smart Contracts and Distributed Applications to be built and run without any downtime, fraud, control or interference from a third party, is one of the best alternatives to Bitcoin. Ethereum has a market capitalization of $41.4 billion, second to Bitcoin among all the cryptocurrencies. Both … Continue reading What Makes Ethereum Likely to Increase in Value?
Blockchain is essentially a “chain of blocks.” This might lead you to ask - what kind of chain and what kind of blocks? Blockchain’s name comes from its structure. Whenever the blockchain database gets updated with new information (transaction or another type of update), a new block is formed into the system, and all the … Continue reading What is a Blockchain?
Yes - for sure. It is very possible. In fact, this seems to be the most realistic scenario - this figure is a good prediction to start with. Currently, the Ethereum token’s price is $746 - the coin has demonstrated a rapid growth during the last few weeks given the general positive trend dominating the … Continue reading Can Ethereum Reach $3,000 by the End of 2018?
Bitcoin’s underlying technology has paved the way for numerous alternative cryptocurrencies. Although Bitcoin remains the most popular, there are others that have also performed really well during this past year. These alternative cryptocurrencies are called altcoins, and their arrival onto the scene is based on new funding mechanism called initial coin offerings (ICOs). One of … Continue reading What Bitcoin Alternative Can Be Mined at Home?
It is very difficult to determine which altcoin is the best. There are over 700 alternative cryptocurrencies. Still, not all of them can be perceived as something that is valuable and only a few of them are worthy of considering. When it comes to determining which altcoin is a legitimate investment, there are more than … Continue reading What Is the Best Altcoin?
For Bitcoin, things are quite difficult since the traditional mining concept is no longer profitable. It would take too much time to mine Bitcoin, especially with the standard home mining rigs that are now common. When it comes to Bitcoin mining, people turned to a relatively new concept called cloud mining. How does cloud mining … Continue reading Is It Too Late to Start Mining Bitcoin and Other Cryptocurrencies?
Why do you ask as if popularity is somehow directly related to volatility. All cryptocurrencies are very volatile but only few of them are popular. There are over 1000 coins that jump and drop by 10%-50% on a regular basis, sometimes even more. To compare the volatility in Bitcoin and Ethereum, we should place them … Continue reading When will Ethereum Become as Popular and Volatile as Bitcoin?
Yes. When it comes to the intrinsic value of Ethereum, in many ways it is already much greater than Bitcoin. It is quite simple. Ethereum network is based on am advanced concept comparing to Bitcoin. Many would agree that Bitcoin concept is what people would call, yesterdays news. Ethereum offers many features that Bitcoin would … Continue reading Can Ethereum Ever Worth More Than Bitcoin?