Make My Crypto

Bitcoin mining is an essential part of the cryptocurrencies infrastructure. The bitcoin mining procedure helps to process transactions, generates new bitcoins and records the validated transactions to the public and immutable distributed ledger i.e. Blockchain.    Every bitcoin miner is in competition with all the other miners in the network to be on the first ranking to correctly collect the transactions into a block by solving the unique mathematical problems.                 Currently, the network’s Hash rate is running at a remarkable 3,318,031,952 GH/s, establishing the bitcoin architecture each and every day. But many beginners discovering about bitcoin for the first time wonders, how does bitcoin mining really works: Bitcoin Mining: How it works? Ref: Bitcoin.com [A mining device and software] Bitcoin mining is a process that anyone can participate in by running specia...

As in today’s world the term Bitcoin is gaining popularity among people ranging from amateurs to experts. We all come across the same general terms in day to day basis. Some of us already know this term and have knowledge about where it implies whereas Some who don’t know about this term gets the better idea. This article will help to get better clarity about some of the most popular terms. Mining: Bitcoin mining is the method by which the transaction information distributed within the Bitcoin network validates and stores on the blockchain. It is a term used to define the processing and confirmation of payments on the Bitcoin network. Cryptography: Cryptography is practiced in various places to give security in the Bitcoin network. Cryptography is basically mathematical algorithms employed to encrypt and decrypt information which is used in bitcoin addresses, hash functions and the blockchain. Decentralized: Decentralized bitcoin network is an important aspect. ...

2017 has been the year of Cryptocurrency, we have seen the rapid growth in the cryptographic world. Currently, this industry has over $129 billion of market cap. As this industry is becoming mainstream, more and more people are willing to invest in it. With this growing curiosity among people about the cryptocurrency, the “blackhat hackers” have already started taking the leverage from it. Below we have listed the top 3 ways that will guide you to protect your cryptocurrency. 1. Go for the Offline Storage The best way to secure your cryptocurrency is to eliminate the medium which is connecting your cryptocurrency to the hackers. This can be done by doing the cold storage of crypto coins in the hardware ledger. When it is not present on the internet i.e on the cloud, it is impossible to hack it online. One of the best cryptocurrency hardware wallet is Ledger Nano S which is commonly used to store cryptocurrency offline. 2. Never leave your cryptocurrency on...

Over the last couple of years, the term crypto currency has been rapidly gaining ground and understanding of its use and value in the public eye. At first, the crypto currencies seemed scary just like credit card to the users in its initial days , but now with time, terms like Ethereum and Bitcoin have become familiar to the people. Beside these, there are many other crypto currencies that are in trend. You can simply google the most popular crypto currency and check their growth rate right from their initial time. To make you informed, we discuss how crypto currency will help you and what are the benefits of using a crypto currency? Let's get started. 5 Advantages of Crypto Currency 1. Free from Fraud: All the crypto currencies are digital and they can’t be reversed or counterfeited by a sender just like the charge-backs on credit card. They are more secure as a form of payment because there is no third party involved in crypto currencies. 2. Instan...