Resources

What is Hash Power?

What is Hash Power?

Everything in our lives that performs work is measured in units of work over time. Cars travel in miles per hour. Your fitness tracker measures your heart’s beats per minute. The same is true of altcoins and their “hash power.” Hash power, despite sounding like a diner special, is really […]

Crypto Mining: What’s Most Profitable in 2019

Crypto Mining: What’s Most Profitable in 2019

When bitcoin first appeared on the scene in 2009, it was mined using the CPU (central processing unit) in any basic computer. That lasted for a couple years until miners learned how to use the more powerful GPU (graphics processing unit). While it is still possible to mine altcoins with […]

What is Cold Storage in Cryptocurrency Investing?

What is Cold Storage in Cryptocurrency Investing?

Imagine, for a moment, that you have a business buying and selling gold bars. Anybody can just walk in off the street and grab a troy ounce if they feel like it. Obviously, you want to keep the product in stock, but you are keenly aware there is a good […]

What is Pump and Dump in Cryptocurrency Investing?

What is Pump and Dump in Cryptocurrency Investing?

There have been con-men and crooks in investing since the beginning. One of the most common scams, as you see in movies like the cult classic ‘Boiler Room,’ is the “pump and dump.” Unscrupulous players run around hyping up an investment, selling it and its sudden rise to anybody who […]

Q&A with Ryan Colby of Tokenfest

Q&A with Ryan Colby of Tokenfest

The following is an excerpt from an interview with Bitcoin Market Journal’s John Hargrave and Ryan Colby, founder of the upcoming cryptocurrency conference Token Fest. What was your blockchain origin story, Ryan? How did you get involved in this exciting space? In the early spring of 2017, I started acquiring Ether, […]

How to Open a Bitcoin Wallet, Step by Step (With Photos)

How to Open a Bitcoin Wallet, Step by Step (With Photos)

For a new bitcoin investor, understanding how wallets work is essential. The key storage unit for bitcoin and altcoins, wallets are where digital currencies are spent, received, and banked. Besides the blockchain and the coin hash, the wallet is one of the basic structures in the world of New Finance. […]

How to Convert Bitcoin to Cash the Easy Way

How to Convert Bitcoin to Cash the Easy Way

In the midst of this roller coaster bitcoin cycle, which is experiencing a bull rally following a steep bear “market correction,” it is likely that more than a few bitcoin investors have decided to jump out of the market. With the “high-risk” nature of this high-risk commodity on prominent display, […]

What Is “Proof of Stake” in New Finance?

What Is “Proof of Stake” in New Finance?

When cryptocurrencies first started, they were all about proof of work. Proof of work is not a very complicated concept. It is something that is hard to do but easy to see once you’ve done it, like chipping a sculpture out of marble or cutting down the trees in a […]