Like many thousands of others, I made my entry into the world of cryptocurrencies by renting out my GPU hash power using NiceHash. It is a great service for beginners, because it removes the risk and difficulty of determining which coin to mine and pays out directly in Bitcoins. From a GPU hash power seller… Read More Mining ZEC with NiceHash (notes in progress)
I came across Changelly while looking for a way to convert my ZEC earnings into Bitcoins. Even though I was interested only in ZEC:BTC exchange, I was pleasantly surprised to find that the service allows conversion between multiple crypto pairs (I think I counted 69), and also offers the ability to purchase crypto coins with… Read More Crypto coin exchanges comparison: Changelly
Two days ago somebody hacked NiceHash and robbed them of USD 60+ million worth of bitcoins. The service provided by this company was unique and designed to gently introduce hundreds of thousands of Bitcoin newbies to the world of crypto currencies with minimum risk and effort. To the best of my knowledge, no other mining… Read More NiceHash Alternatives Wanted
November 2017 was by far the most exciting and eventful month I’ve witnessed so far during my short tenure in crypto. 🔥 Everything started when 6 people came together & cancelled SegWit2x. 🔥 Then it turned the person responsible for writing the SW2X fork had gotten it all wrong and the 2X fork would not have worked anyway. 🔥 Some… Read More Earnings Update (November 2017)
As I recently found out, claiming Bitcoing Gold from Electrum wallets by importing the seed is not possible because Electrum use a custom algorithm for deriving the seed words that is not compatible with the ‘industry standard’ BIP39. However, I discovered a way to claim BTG from Electrum using the Coinomi wallet and bitaddress.org. It requires a… Read More How to Claim Bitcoin Gold (BTG) from Electrum Wallet
Today I decided to claim my Bitcoin Gold and I failed — not through a fault of my own but because of a design decision made by the Electrum development team many years ago. Here is what I found out, and why I decided to stop using Electrum Wallet. Update: I found a way to… Read More Claiming Bitcoin Gold (BTG) from Electrum Wallet: Impossible?