Basics of bitcoin mining!

A look at the history of mining hardware, some example setups and the ever-important question of profitability! Mining is what makes Bitcoin tick. Bitcoin nodes verify transactions and record them in a public ledger (the blockchain). Mining requires CPU and GPU power, and miners have devised ingenious ways to improve their mining rigs. Later, miners … Read more

How to store bitcoin safely? Hot wallets vs Cold wallet

Bitcoin – it’s digital gold. It enables fast, easy to use, and anonymous transactions – in short, everything an ideal currency should be! The best part is that this currency has all the characteristics of money (durability, portability, fungibility, scarcity). Still, there are several ways you can go when it comes to storing it safely. … Read more

What is hashing? The battle for hashing power in bitcoin mining!

Hashing is a cryptographic process to map data of arbitrary length to data of a fixed length, the SHA256 protocol. The mining pools use hashing power to solve complex mathematical problems through brute force computation.  The more computational power they have, the higher their chances are to validate transactions and claim new coins as a … Read more

Is it safe to do bitcoin transactions with PayPal?

No! If you decide to use third-party services to use PayPal for buying bitcoins, be sure to review the list of bitcoin exchanges – most platforms won’t accept payments via PayPal. This is because PayPal bans its merchants from accepting funds for digital goods, including cryptocurrencies.  No crypto exchange wants to risk having their business … Read more

How to Choose Stanchions for Crowd Control Needs?

A stanchion post is one of the essential elements in crowd control. The channels divide people by creating guide ropes. These guide ropes allow crowd controllers to define where people can go or who should remain in an area. As a crowd controller, your job is to maintain security and safety for any given area. … Read more