It requires you to spend thousands on buying expensive GPUs (or ASICs), arranging them together, and spending more to buy power supplies and other computer components. To join a Bitcoin mining pool, you need to choose a pool that fits your needs, create an account, and configure your mining software to connect to the pool. […]
Category Archives: Cryptocurrency exchange
Sybil attacks involve creating many fake accounts under pseudonyms, enough fake accounts to constitute a majority of the user base and therefore influence the network. By requiring 1,000 DASH to set up a masternode, it would be prohibitively expensive to carry out a Sybil attack against the masternode network. However, in the rapidly growing and […]
You can view the current fee for a coin by clicking the withdraw button for the respective coin (on your Bittrex account), which displays the transaction fee. Tokoni is a popular freelance writer within the world of cryptocurrencies. She contributes to Cryptomeister with professional news coverage of the latest happenings in the world of crypto […]