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What is the Best Cryptocurrency to Mine

What is the Best Cryptocurrency to Mine

For those who don’t know, mining is the process of using your computing power to support the network of a cryptocurrency and verify transactions. For cryptocurrencies which use proof of work – the miners’ computers perform mathematical computations which are very difficult to perform but easy to validate, and this is the system by which new transactions are validated and added to the blockchain.

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Bitcoin fundamentals briefing, December 2019

Bitcoin fundamentals briefing, December 2019

The year flew by, and it was a challenging but interesting period for cryptocurrencies. We would say that the main theme of 2019 was trying to make sense of it all. When the initial euphoria started to fade, everyone came down to reality. BTC price collapsed, and investors and traders started wondering what comes next. …

altcoins
Bitcoin Fundamentals Briefing, October 2020

Bitcoin Fundamentals Briefing, October 2020

October may end up being one the best months of 2020 for Bitcoin! Technical performance has been excellent, with all main indicators standing positive (hash rate, open interest, mining activity, transaction value, etc.). As a result of various factors, we have even had a major upside breakout over the 11-12K area, finally! Not only is …

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Bitcoin Fundamental Briefing, January 2021

Bitcoin Fundamental Briefing, January 2021

The trail of rally… We probably make no mistake if we call the recent month the brightest period in the life of Bitcoin and all cryptocurrency market in general. Many investors and traders are inspired, somebody even shocked and scared, but nobody stays indifferent to recent events. This was an incredible journey, but more and …

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Bitcoin Fundamental Briefing, May 2021

Bitcoin Fundamental Briefing, May 2021

Intro It seems that the not very long history of the cryptocurrency market now is split into “before” and “after” collapse that has happened recently. After a 50% drop is no sense to talk a lot about institutional investors’ interest, capitalization of Greyscale fund, and other things because they are do not matter already. But …

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Bitcoin Fundamental Briefing, April 2021

Bitcoin Fundamental Briefing, April 2021

Fragile equilibrium April is becoming the special month for Bitcoin in particular and the cryptocurrency market in general. Right in April, Bitcoin has reached the top of its capitalization and an all-time high, and strongest downside retracement either. It is a hot topic on the market – how to treat retracement properly, what stands behind …

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Bitcoin Fundamental Briefing, July 2021

Bitcoin Fundamental Briefing, July 2021

Silence before the storm? July this year is the most quiet month in the modern history of cryptocurrencies. I’ve tried to surf across the news, events, and analysis throughout the month but found just a few exciting materials. Overall news background stands routine – some funds, ETF’s have been initiated, new ASIC’s devices purchased by …

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Bitcoin Fundamental Briefing, February 2021

Bitcoin Fundamental Briefing, February 2021

January has passed under the sign of unprecedented rally on Bitcoin and possibly the whole financial world history. It was really a “rush time” when people could not think what to do with just opened position as the next day it costs 30% higher. Still, as the coin has exceeded most brave forecasts, the reasonable …

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