Cloud mining services are an easy way to earn passive income online. Although you can earn income through cryptocurrencies in many other ways such as trading, this requires significant investment of time which you may not have. There are many cloud mining services coming up recently, but Nhash is one […]
Author: David Petersson
What Are Crypto Exchanges and Why Do We Need Them?
The fundamental idea behind Bitcoin was to create a peer-to-peer system for money transfer, without any third parties involved. While Bitcoin managed to technically solve that problem, the real world has presented a number of other challenges, the first being acceptance. Say you want to pay for pizza in Bitcoin: […]
Often-Overlooked Features of Blockchain
It was shocking – and offending – when I heard the news of Katlego Marite’s kidnapping and that the kidnappers had demanded ransom in Bitcoin. As Kai Stinchcombe puts it in Ten Years In, Nobody Has Come up With a Use for Blockchain, blockchain has no real use except “currency […]
Are Centralized Exchanges Breaking the Crypto Promise?
Exchange hacks are becoming the new normal. Just two weeks after Conrail’s $37.2 million hack, it was time for Bithumb’s $31 million hack, with the difference being that Bithumb is the world’s sixth largest cryptocurrency exchange based on CoinMarketCap data, far larger than Coinrail. Last December, another South Korean exchange called Youbit […]