Category Archives: Cryptocurrency service

How Does Bitcoin Mining Work? Bitcoin Mining Explained

To efficiently perform the PoW calculations, miners use specialised hardware known as Application-Specific Integrated Circuits (ASICs). These devices are designed specifically for Bitcoin mining and are more efficient at performing the necessary computations than general-purpose hardware. Miners are paid transaction fees and 6.25 BTC per block for their efforts (if they solve the block correctly). […]

IOTA price today, IOTA to USD live price, marketcap and chart

Projects like Waltonchain and Vechain tie in with IoT devices as well but have a focus on the supply chain industry. Although supply chain is one of IOTA’s verticals, it sits alongside three other ones – automotive, eHealth, and smart energy. Since IOTA plans to have billions of transacting nodes on its network once fully […]