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BurstCoin – Proof of Capacity Mining

Another day, another cryptocurrency… If you’ve been watching the news about all this, you might be starting to feel a little burnt out, or overwhelmed, because everyone is trying to find the latest and greatest to invest in, suss out the quickest way to make money off of all this, and being depressed over their “missing out” on the meteoric rise of Bitcoin last December. My personal viewpoint is that A) The technology behind all of these coins is brilliant and will eventually be world changing, and B) The hype …

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Cryptocurrency : How much can I make?

Today, I want to do an in-depth look at how much money, exactly, can I make with cryptocurrency mining, trading, and cloud contracts. I’ve look at a lot of different ways to mine the currencies, and today’s examination is a close look at what kind of real world value we are generating. If you’re here, you’ve probably read up on the basics on cryptocurrency, so I’ll just start with a very brief intro before digging in. Cryptocurrency is a fancy name for digital money, or coins, that have gained tremendous …

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Ethereum Mining : Digital Currency 101

We’re going to do something a little different today. This is still a tutorial, but not for something in the real world. This week’s tutorial is all about Ethereum mining! So what is that then? You’ve probably at least heard of Bitcoin in the news at some point. Bitcoin was the first, large scale digital currency to really take off and has been the source of a lot of controversy and confusion since it came out in 2009. Lets take a look at digital currency’s history real quick to get …