All that remains after a failed transaction is to try to convince the recipient of funds to return them voluntarily. This is due to the fact that there is no intermediary guarantor, as is the case with bank cards. Bitcoin transactions are similar to ...
Some folks prefer to invest with expert oversight, by putting their money in investment trusts or funds that pool the resources of a number of investors and own a range of assets to minimize risk. Although many options are available, users should onl...
Slowly but steadily, cryptocurrencies – particularly the two largest – appear to be acquiring these properties. Here’s a look at some of the different doorways into the crypto economy. Before we go any further I just want to reiterate that investing ...
From local London pubs to global retailers, businesses of all sizes are starting to accept Bitcoin as payment. Bitcoin transfers are also stored in the publicly available Blockchain, but they're completely anonymous because there's no way to associat...
You can buy Elrond on most cryptocurrency exchanges or by going direct to the Elrond website, where you can pay with fiat currency. If you choose a crypto exchange, you’ll usually need to transfer your money into another cryptocurrency, like Bitcoin ...
A web and mobile wallet stores the entire history of Bitcoin transactions, manages the user’s wallets and can initiate transactions directly on the Bitcoin network. They can also use it to pay for goods, like when buying a car, or saving money to fin...
But for now it’s enough to know that each pool has a different way of charging fees for services. Using the MinerGate app means you’ll be using its pool to mine cryptocurrencies. To view pool stats for your chosen cryptocurrency, select the button at...
You can also buy bitcoin with a debit card or credit card on Luno. I don’t see much point in paying a premium like when GBP I deposited with a UK bank transfer was credited in about 20 minutes. You’ll be charged a 1% fixed fee when you buy or sell bi...
Mining is a repetitive process that does not require any intelligent decisions, leading to GPUs replacing CPUs in the mining world. SHA-256, the mining algorithm used by Bitcoin, is a one-way cryptographic algorithm. When you pass a word through SHA-...
This comes straight after major fintech companies like PayPal and Robinhood made it easier to purchase bitcoin, and on the heels of a breakneck regulation drive, chiefly in the US. Several companies are planning to launch bitcoin funds, though have r...