With just a tweet of Elon Musk, the entire cryptocurrency space took a twist and turn. There’s a market open for everyone – banks, financial institutions, digital movement, and a lot. But still, there’s a bet on the “green revolution of cryptocurrency.” There are ups and downs in the crypto market, but the future is all digital currency. While cryptocurrencies…
China has been an active player in the crypto game. The country seemed more enthusiastic about crypto assets that involved mining and trading of the cryptocurrency. Of course, President Xi Jinping’s regulators have pulled away the market’s sudden growth. After the recent ban on mining and trading, the country is going around the fintech and retail world. As if the…
To the point, Bitcoin mining is entirely technical, complex, and hard. Unlike the regular bank transactions with banks acting as the agents to transfer money from one bank to another, Bitcoin has no central clearing or settlement agent. The users themselves play a vital role in verifying transactions through the process called Bitcoin mining. Although it is purely technical and…