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Blockchain Nation Miami • April 25-26, 2018

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Tag: bytecoin

Bytecoin: The Cryptocurrency Scam that Resembles a Black Hole

Category: Altcoins, Commentary, News, Tech

Bytecoin: The Cryptocurrency Scam that Resembles a Black Hole

Bytecoin (BCN) was the first CryptoNote cryptocurrency, based on an entirely different codebase than Bitcoin’s. Almost pulling the wool over the eyes of the entire cryptocurrency community, the scam was revealed some years ago and resulted in only a handful of CryptoNote cryptocurrencies retaining the trust of users. It is the cryptocurrency market’s equivalent of a black hole; no one…

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How to CPU Mine Some Popular Cryptocurrencies

Category: Mining

How to CPU Mine Some Popular Cryptocurrencies

Three ways cryptocurrencies can be mined are through standard computers, with their CPU, more advanced GPU mining and finally ASIC mining, which involves machines devoted to the purpose of mining cryptocurrency. Back in the very early days of bitcoin, it was profitable to mine on a standard computer but now the ‘arms race’ between groups of miners has squeezed out…

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