Avid Manager. Tech guru.
As the Fractal Bitcoin mainnet prepares for its launch on September 9, 2024, it introduces a novel approach to enhancing blockchain security and miner profitability: merged mining. Inspired by fractal geometry, Fractal Bitcoin aims to enhance transaction speed and processing capacity while maintaining compatibility with the existing Bitcoin ecosystem. This unique integration supports merged mining, […]
A Bitcoin wallet is a digital wallet that stores the keys to your Bitcoin balance and allows you to transact with other Bitcoin users You can think of it as a physical wallet, but instead of storing cash or credit cards, it stores the ‚keys‘ to your Bitcoin. A Bitcoin wallet contains a public key […]
ASICS (Application-Specific Integrated Circuit) vs GPU (Graphics Processing Unit) mining is a topic that is always hotly debated. There are pros and cons to both types of mining, and it really depends on your needs as a miner to decide which is best for you. ASICS, or application-specific integrated circuits, are chips designed specifically for mining Bitcoin. […]
The acronym ASIC stands for ‘application-specific integrated circuit’, which is a microchip designed for a particular purpose or task. An ASIC miner is a computer which is designed for the sole purpose of cryptocurrency mining. Bitcoin uses Proof-of-Work (PoW) as its consensus mechanism, and new Bitcoin are generated through a computing process called ‘mining’. […]
