Bitcoin for the Befuddled is one of my favorite books about crypto currencies. If you are a non-technical person interested in learning the important stuff about bitcoin, then this is the best book on the subject I have discovered so far. In this review I will tell you everything about this book; I hope to… Read More Book Review: Bitcoin for the Befuddled
In one of the first posts I wrote for this blog, I talked about bitcoin profit and, more specifically, I considered possible definitions of success regarding bitcoin mining (see How to be successful at bitcoin mining? if you are interested; it is a 2-minute read). It’s been only about 3 weeks since then, and NiceHash profitability… Read More Bitcoin Profit: Time to Re-evaluate Assumptions
Among the daily flood of news regarding cryptocurrency, there is a growing section dedicated to ICOs (Initial Coin Offerings) for newer and ever weirder kinds of tokens. These ICOs follow the same logic: a white paper is published, trying to explain the uniqueness of the new coin and its application, and a purchase schedule is… Read More Giga Watt ICO — Who is Smoking Watt?
Monthly Bitcoin Earnings: 19.20343 mBTC (approx. €42.50 at exchange rate on date of writing) Events that shaped the month: After reaching record value around mid-June, BTC/ETH/LTC were more than 20% down a week later, and slowly regaining value Many PC hardware websites have posted articles on bitcoin mining, e.g.: PC Perspective: Let’s Talk About Mining (Revisited)… Read More Earnings Update (June 2017)
I am still trying to make sense of the economy of bitcoin mining and how it resembles other types of economic activities that have been around for a while. It occurred to me today that mining for coins is somewhat similar to investments in mutual funds. Making a Living in the Real World With a… Read More Bitcoin Mining = Mutual Fund?
Probably one of the first service names a bitcoin rookie learns is that of Coinbase. The internet is full of praise for ‘the world’s most popular way to buy and sell bitcoin, ethereum, and litecoin’ and I guess we’re stuck with them at least for the time being. However there are multiple issues with the… Read More Why I Don’t Like Coinbase