ASIC - MINING ALGORITHM - PROOF- OF- STAKE (POS)


ASIC	often compared to gpus, asics are specially made for mining and may offer significant power savings. short form for ‘application specific integrated circuit’. ^{Source + Source}
MINING ALGORITHM	commonly used to send and retrieve fiat currency from bitcoin exchanges. electronically transferring money from one person to another. ^{Source + Source}
PROOF- OF- STAKE (POS)	bitcoin’s mining algorithm is sha256, whilst litecoin & dogecoin’s are scrypt. the algorithm used by a cryptocurrency to sign transactions, these vary across different cryptocurrencies. ^{Source + Source}
WIRE TRANSFER	the more bitcoin or altcoin owned by a miner, the more mining power he or she has. concept states that a person can mine or validate block transactions according to how many coins he or she holds. ^{Source + Source}


ASIC	often compared to gpus, asics are specially made for mining and may offer significant power savings. short form for ‘application specific integrated circuit’. ^{Source + Source}
MINING ALGORITHM	bitcoin’s mining algorithm is sha256, whilst litecoin & dogecoin’s are scrypt. the algorithm used by a cryptocurrency to sign transactions, these vary across different cryptocurrencies. ^{Source + Source}
PROOF- OF- STAKE (POS)	the more bitcoin or altcoin owned by a miner, the more mining power he or she has. concept states that a person can mine or validate block transactions according to how many coins he or she holds. ^{Source + Source}
WIRE TRANSFER	commonly used to send and retrieve fiat currency from bitcoin exchanges. electronically transferring money from one person to another. ^{Source + Source}

Cryptocurrency News - Top Stories !

BRD crowdraises $32 million to build financial services into a mobile crypto wallet - TechCrunch

TechCrunch: Crypto wallets ... remain crypto wallets for long. There is so much competition and so many scammers that value-added features like financial services are de rigueur. BRD knows this quite well and is putting $32 million behind the platform to grow ...

Twitter CEO Jack Dorsey Reaffirms Bullish Future on Bitcoin, Crypto as Global Payment - Cointelegraph

Cointelegraph: At the Consensus conference on Wednesday, Dorsey shared crypto ... vision that virtual currencies are the future of a legitimate means of global payment. He said that he ... know whether it will be Bitcoin (BTC), but “I hope it will be ...and more ...

Bitcoin Price Declines To Nearly $8k Amidst Bing Crypto Ad Ban - Cointelegraph

Cointelegraph: Monday, May 14, European Central Bank (ECB) board member Yves Mersch claimed that banks should “segregate” their dealings in cryptocurrencies from other activities, citing high volatility of crypto markets and stressing that digital tokens “do not ...

Plowing Ahead: Bermuda Continues Crypto-Friendly Push With ... - Forbes

Forbes: ... push to become the next crypto-friendly jurisdiction picked up further steam Tuesday when it partnered with Shyft, a decentralized identity provider, ...and more ...

PayPal CFO Says Merchants Aren't Interested in Crypto Due to Volatility - Cointelegraph

Cointelegraph: PayPal CFO John Rainey said in an interview with CNBC May 16, that the company ... see much interest in digital currencies because price volatility threatens the viability of their ... businesses. Centralized payment service PayPal was a ...

At a crypto conference in New York, it feels like 2017 all over again - Financial Times

Financial Times: If you thought the crypto hype was starting to cool down a little, ... be right. But if ... been at the Consensus crypto and blockchain summit in New York for the past few days, you would not have known it. This evening, two brand new Aston Martins ...

Crypto prices stall; bitcoin at risk of sub-$6000 trade, says one analyst - MarketWatch

MarketWatch: The buzz around the correlation between bitcoin and the annual Consensus conference is dwindling as the No. 1 digital currency continues to face headwinds after slipping below $9,000. The mid-April rally has stalled and now faces some downside risk.

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ASIC - MINING ALGORITHM - PROOF- OF- STAKE (POS) - WIRE TRANSFER -