September 11, 2017
What is bitcoin mining and how does it work?

Most people that have heard of Bitcoin mining see it as a way to get free Bitcoins, bordering on theft. You set up a server program, and every now and then it presents you with some bitcoins. Sounds simple doesn’t it and a bit like money for nothing?[…]

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September 8, 2017
What is a Cryptocurrency?

Lots of people have heard about cryptocurrencies but few understand what they actually are: they are currency on software platforms. So normally the currency used on software platforms are centralised currency so you would pay for windows using sterling or dollars but cryptocurrencies replace these centralised currencies with[…]

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September 7, 2017
How would you have done historically if you had invested in Bitcoins?

We can all look back in our lives and remember missed opportunities both financially, in your career or personally. Well there are many Bitcoin millionaires who didn’t miss the Bitcoin boom. The first real world transaction was made in May 2010 when someone paid 10000 Bitcoins for two[…]

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September 5, 2017
What is Ethereum and how is it different to Bitcoin?

Ethereum is the second most valuable and the second most widely known type of cryptocurrency. The currency itself is called Ether and the technology behind it is called Ethereum, it was devised as an improved version of Bitcoin. As such it has many similarities with Bitcoin as it[…]

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September 4, 2017
What are Bitcoins?

Cryptocurrency is becoming a buzz word and the most widely known is undoubtedly the Bitcoin. Bitcoin is a decentralised currency, it does not have a physical form unlike traditional cash and is not regulated by any government. They have lots of advantages over traditional currencies when making purchases,[…]

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