Category: Bitcoin 101

History of Bitcoin Price

One of the main reasons why bitcoins is one of the most popular cryptocurrency in the world is the rate at which its value increases. Even though there have been a few instances when the price of one bitcoin dropped, the trend shows that it is headed in the right direction. The first fact that…

What is Bitcoin?

This is one of the very first cryptocurrencies created in 2009, created by an unknown programmer under the alias Satoshi Nakamoto. It is not dependent on banks or nationality, and intermediaries on exchanges handle all transactions. Most people prefer it because the transactions are anonymous and the transactions are free. Since 2009, the growth of…

What is Cryptocurrency?

Cryptocurrencies are a medium of exchange much like traditional currencies but designed and developed for use on the digital platform. The transactions are possible through particular principles of cryptography. Cryptography secures all transactions of the currencies as well as the creation of new coins. Bitcoin was the first cryptocurrency, and it is the most important…

Bitcoin Mining Explained

Since 2009, bitcoin has maintained the status as the best cryptocurrency on the internet today, and one of the best ways of getting them is through mining. Miners get paid a token for verifying bitcoin transactions as well as mining bitcoins. Depending on how much you are willing to spend, bitcoin mining can be a…

What are the best exchange rates?

Bitcoins is one of the most popular cryptocurrencies in the world as evident from the buzz that they have created. The price has steadily increased over the years. In order to know the best exchange rates in the market you need to look at the primary factors that control the prices. The first thing that…