Ethereum Facts

Ethereum Facts

Ethereum Statistics 2018 Recent Statistical Trends about Ethereum Paint Gloomy Picture Newly released statistics pertaining to the cryptocurrency Ethereum show that the once booming market is beginning to lose steam. Though the digital currency, which advocates for decentralization of economic power, among other extreme economic views, enjoyed nearly exponential Ethereum ETH growth over the past few years, it has since crashed. According to Ethereum facts at Trend Statistics and stastista, the currency is down more than 50% since January. This sharp decrease in price has seemingly caused public interest in Ethereum to ween as well. Bitinfocharts.com, reports that google searches for the word "Ethereal" have decreased substancially (by over two-thirds) since January. This spells bad news for the currency, which enjoyed steady growth in past due to everyday buyers, rather…
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Cloud Mining Facts

Cloud Mining Facts

Cloud Mining Contract Statistics and Facts   Cryptocurrency mining is increasingly popular especially Bitcoin mining. Working your way through that blockchain is a good way to get the cryptocurrency in abundant amounts. However, an alternative to buying thousands of dollars worth of computer equipment and industrial grade ventilation services is cloud mining. Cloud mining is exactly what it sounds like. Instead of mining with your own physical equipment, you use a cloud drive to do your mining. This method comes with its own advantages and disadvantages. Some of the advantages include the lack of having to purchase all of that equipment and find the floor space to use it. As well as this, there is no need to have to ventilate anything, no excess heat, and no loud fans. Essentially,…
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Bitcoin Mining Facts

Bitcoin Mining Facts

Avalon miner Vs Ebit miner Vs Dragonmint miners on Google trends 2018 Bitcoin Mining Facts:  Bitcoin mining has changed much since its introduction a decade ago. Several statistics characterize the technology underlying the modern Bitcoin blockchain. This article looks at those pertaining to Bitcoin mining. Specialized hardware is now required to handle the difficulty, power, and speed of the proof-of-work (PoW) algorithms that add new blocks to the chain. Bitcoin is capped at 21,000,000 Bitcoins with the incentive for adding a block cut in two every 210, 000 blocks or roughly every four years.  This will diminish to 0 which will happen around 2140 and transaction fees will then be rewarded for record-keeping of transactions on the hash pool.   Currently, Bitcoin.com hosts the biggest Bitcoin mining pool ever to…
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