On Thursday, President Donald Trump signed an executive order authorizing the creation of a strategic bitcoin reserve. The reserve will hold bitcoin obtained by the US government through criminal or civil asset forfeiture proceedings. According to billionaire David Sacks, the White House “crypto czar,” the estimated 200,000 bitcoin the US government currently has will be […]
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Adding Two Mining Addresses or Pools
It depends on your mining setup and goals. Here are some scenarios where adding two mining addresses (or pools) can be beneficial: Reasons to Add Two Mining Addresses: Failover (Backup Pool): If your primary mining pool goes down, your miner will automatically switch to the second one, preventing downtime. Load Balancing: Some miners configure two […]
Continue ReadingDual Mining Addresses
Should You Add Two Mining Addresses to Your ASIC Miner? As cryptocurrency mining continues to evolve, miners are constantly looking for ways to optimize their performance and earnings. One common strategy is configuring ASIC miners with two or more mining addresses. But is this approach beneficial? In this article, we’ll explore the advantages, disadvantages, statistics, […]
Continue ReadingTrump Names Cryptocurrencies in Strategic Reserve
U.S. President Donald Trump announced the names of five digital assets he expects to include in a new U.S. crypto strategic reserve on Sunday, spiking the market value of each. Trump said on social media that his January executive order on digital assets would create a stockpile of currencies including bitcoin. The names had not […]
Continue ReadingKYC is Becoming a Key Legal Requirement for Mining Pool Providers
As the cryptocurrency industry matures, governments and regulatory bodies worldwide are increasingly focusing on Know Your Customer (KYC) compliance. While exchanges and wallet providers have long been subject to stringent KYC and Anti-Money Laundering (AML) regulations, mining pool operators are now facing similar scrutiny. Mining pools play a crucial role in securing blockchain networks and […]
Continue ReadingOrigins of Litecoin
Litecoin (LTC): History, Features, and Evolution Origins of Litecoin Launch Date: October 7, 2011 Founder: Charlie Lee Technology: Fork of Bitcoin (BTC) Litecoin (LTC) is a peer-to-peer cryptocurrency created as a “lighter” and faster alternative to Bitcoin (BTC). It was developed by Charlie Lee, a former Google engineer, and launched on October 7, 2011. Litecoin […]
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Bitcoin Cash (BCH): History, Origins, and Evolution Origins of Bitcoin Cash Launch Date: August 1, 2017 Founders: Roger Ver, Jihan Wu, and others Underlying Technology: Bitcoin (BTC) Blockchain Fork Bitcoin Cash (BCH) is a peer-to-peer digital currency and a fork of the original Bitcoin (BTC) cryptocurrency. It was created to address some of the scalability […]
Continue ReadingOrigins of Tether
Tether (USDT): History, Origins, and Evolution Origins of Tether Launch Date: 2014 Founders: Reeve Collins, Brock Pierce, and Craig Sellars Company Behind Tether: Tether Limited Tether (USDT) is a stablecoin, a type of cryptocurrency that aims to maintain a stable value by being pegged to a fiat currency, such as the U.S. Dollar. Tether was […]
Continue ReadingOrigins of Ethereum
Ethereum (ETH): History, Origins, and Evolution Origins of Ethereum Launch Date: July 30, 2015 Creator: Vitalik Buterin Initial Whitepaper Release: 2013 Ethereum (ETH) is a decentralized, open-source blockchain platform that allows developers to build and deploy smart contracts and decentralized applications (dApps). It was created by Vitalik Buterin, a Russian-Canadian programmer, who proposed Ethereum in […]
Continue ReadingOrigins of Monero
Monero (XMR): History, Origins, and Evolution Origins of Monero Launch Date: April 18, 2014 Creator: Monero Community (Led by “Anonymous” Developers) Monero (XMR) is a privacy-focused cryptocurrency that was launched in April 2014 as a fork of Bytecoin (BCN), which was itself one of the earliest cryptocurrencies focused on privacy. The launch of Monero marked […]
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