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Pros And Cons Of Cryptocurrency

With cryptocurrency growing in popularity and usage across the world, many are asking themselves whether or not they should invest in Bitcoin or a similar altcoin. The following list of pros and cons aims to shed some light on this ever-emerging digital space. Pros: No need for banks It's thought that around four billion people worldwide have no bank account, seemingly showing that there would be a demand for a currency that can be accessed easily online. The lack of a need for banks results in decentralisation and allows individuals to have full control over their money, cutting out the...

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Ethereum's Blockchain Is Being Trailed In A Number Of Exciting Ways

Despite the recent plunge in market price, Bitcoin remains the most valuable cryptocurrency on the market… or does it? After all there are many ways to measure the value of a commodity, especially one as nebulous as digital currency. Whilst Bitcoin may still have the edge (for now) in terms of monetary worth, it is Ethereum that has really stolen ahead of the pack in terms of versatility and application. You see, it’s all about the blockchain. As any investor will tell you, assets come and assets go, but ideas are a harder thing to shift. While some look at...

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Best Laptops For Crypto Mining

If you think of the equipment you need for cryptocurrency mining, you probably picture a beast of a machine, a custom-built behemoth of a mining rig with dozens of GPU cards welded onto it, whirring away in the corner of the room, while your electricity bill goes through the roof. However, depending on how you mine (in a mining pool, for instance) and what you’re mining (some altcoins are more plentiful – if less valuable – than others), you can manage perfectly well with a laptop straight out of the box. Interested? Here are four of the best for the...

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Is Mining Bitcoin Cash Still Profitable?

The latest slide in cryptocurrency prices has caused the mining of these coins to be less favourable. For this month, the most favourable cryptocurrency to mine on the SHA or SHA-256 algorithm is Bitcoin Cash, but we are going to look more closely as to how profitable this is. Some currencies, namely earth hash currencies are more profitable than the above one, Bitcoin Cash is more conventional, which increases its popularity. Miners just need to set it up, and then they can leave it to mine. The downside to this is though that it does become very expensive. You can...

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What’s The Deal With Smart Contract? NEO v Ethereum v Bitcoin

Scientist Nick Szabo first used the term smart contract way back in 1994, before any cryptocurrencies had been developed. He defined it as a computerised protocol that executes the terms of a contract. Many cryptocurrencies have developed their own smart contracts, but this has often hit mixed reviews. The blockchain technology that Bitcoin has been built on, allows the smart contracts to be built, through a secure and accountable record vehicle and an environment where they are able to be practically deployed. This means that they have to be deterministic and terminable. Smart contracts run on multiple nodes, so in...

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