Tag Archives: work

What is a digital currency and how does cryptocurrency mining work?

VANCOUVER — Cryptocurrency is a digital currency with no physical form or intrinsic value, but is an increasingly hot commodity as Bitcoin, its most well-known iteration, flirts with a record high. Bitcoin, the self-proclaimed original decentralized digital currency, is hovering around US$8,000 as investors pour into alternative currencies. Many other types of cryptocurrencies exist, including […]

What is a digital currency and how does cryptocurrency mining work?

VANCOUVER — Cryptocurrency is a digital currency with no physical form or intrinsic value, but is an increasingly hot commodity as Bitcoin, its most well-known iteration, flirts with a record high. Bitcoin, the self-proclaimed original decentralized digital currency, is hovering around US$8,000 as investors pour into alternative currencies. Many other types of cryptocurrencies exist, including Monero […]

What is a digital currency and how does cryptocurrency mining work?

VANCOUVER — Cryptocurrency is a digital currency with no physical form or intrinsic value, but is an increasingly hot commodity as Bitcoin, its most well-known iteration, flirts with a record high. Bitcoin, the self-proclaimed original decentralized digital currency, is hovering around US$8,000 as investors pour into alternative currencies. Many other types of cryptocurrencies exist, including […]

What is a digital currency and how does cryptocurrency mining work?

VANCOUVER — Cryptocurrency is a digital currency with no physical form or intrinsic value, but is an increasingly hot commodity as Bitcoin, its most well-known iteration, flirts with a record high. Bitcoin, the self-proclaimed original decentralized digital currency, is hovering around US$8,000 as investors pour into alternative currencies. Many other types of cryptocurrencies exist, including […]

Bitcoin Pioneer Says New Coin to Work on Multiple Blockchains

Jeff Garzik, one of a handful of key developers who helped build the underlying software for bitcoin that is known as blockchain, has seen its shortcomings firsthand. So he decided to create a better digital currency. He’s calling it Metronome and says it will be the first that can jump between different blockchains. For example, […]

What Is Bitcoin, and How Does It Work?

The record of all Bitcoin transactions that these computers are constantly updating is known as the blockchain. Why do criminals like Bitcoin? Criminals have taken to Bitcoin because anyone can open a Bitcoin address and start sending and receiving Bitcoins without giving a name or identity. There is no central authority that could collect this […]

Ads don’t work so websites are using your electricity to pay the bills | Technology

With the continuing collapse in online advertising revenues, websites are turning to other methods to pay their hosting bills – including using visitors’ computers and phones to mine cryptocurrency. It’s a controversial practice, with some likening it to running malware on visitor’s computers, but it is a potentially lucrative endeavour for websites. The downside is […]

What the hell is cryptocurrency and how does it work for mobile games? | Pocket Gamer.biz

Working in the mobile games industry and playing free-to-play apps, many of you reading this will be fully aware of how virtual currency works in these games. For hard currency, you pay with real money and then get virtual currency, such as Gold, to spend in-game. While you may be familiar with the concept, it […]

Why bitcoin has become popular in India – and why RBI’s version of it will never work

Imagine a country which has a large economy and a despotic regime. This place is prosperous despite having complex and arbitrary rules and regulations designed to keep non-oligarchs perpetually nervous. Everybody has to carry an internal passport. Censorship and surveillance are all-pervasive. Bank accounts can be frozen at will. Property is confiscated on a whim. […]

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