Why Bitcoin is Used for Illegal Activities

Bitcoin allows an individual to make multiple addresses through which they may facilitate transactions on a large scale. One person may create numerous address and wallets which aren’t even required to be linked to each other in anyway. Here’s an important article that I think would add credibility to this inquiry: What if a black … Continue reading Why Bitcoin is Used for Illegal Activities

What Is the Best Bitcoin Mobile Wallet?

There are numerous mobile wallet providers for transacting Bitcoin. Most of the Mobile wallets seen on Play Store or Itunes are products of Exchanges or companies that offer Bitcoin-related services. It is recommended that one understand the risks and liabilities that entail by using a wallet provided that particular company or institution since more often … Continue reading What Is the Best Bitcoin Mobile Wallet?

How Much Money did the Founder of Bitcoin Make?

The founder of Bitcoin is known as Satoshi Nakamoto on Internet, but his true identity is quite unknown in reality. For all we know, Satoshi Nakamoto could be anyone in the whole Wide World behind a pseudonym. One cannot determine accurately how much Satoshi Nakamoto made due to the fluctuation of the price of Bitcoin, … Continue reading How Much Money did the Founder of Bitcoin Make?

Debunking the Myth – Using an Old Computer for Bitcoin Mining

In theory, it's possible to mine Bitcoins with an old computer, but it wouldn’t be profitable. If you’re looking to mine for Bitcoins you need to invest into equipment. Of course, equipment isn’t cheap. If you want to mine for cryptocurrencies at home, you can purchase everything you need on Amazon. And it won’t cost … Continue reading Debunking the Myth – Using an Old Computer for Bitcoin Mining

Where to Exchange Large Quantities of Bitcoin

There are many good exchanges with strong liquidity. Below there’s a list of trading platforms that could help you buy or sell a high amount of Bitcoin. Here’s what I found after some research: BitStamp Poloniex Coinbase GDAX These exchanges have daily volume which exceeds thousands of Bitcoins and their fees are relatively low. But … Continue reading Where to Exchange Large Quantities of Bitcoin

Best Alternatives to Bitcoin Mining

According to the Whattomine.com the highest profits could be acquired from mining the following cryptocurrencies: Zclassic(ZCL) - with current profitability of 177 percent and a 7-day profitability of 260 percent Zcash (ZEC) - with current profitability of 179 percent and a 7-day profitability of 131 percent Nicehash-Equihash - with current profitability of 150 percent and … Continue reading Best Alternatives to Bitcoin Mining