Moerissa
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The past week has been a dark period in the history of crypto, with the total market capitalization of this industry dipping as low as $1.2 trillion for the first time since July 2021. The turmoil, in large part, has been due to the real-time disintegration of $Terra (LUNA.CC)$.
Last week, Terra has officially stopped block production as the blockchain's native token hit a low of $0.0003, near zero.
In a tumble start...
Last week, Terra has officially stopped block production as the blockchain's native token hit a low of $0.0003, near zero.
In a tumble start...
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$SOS Ltd (SOS.US)$ It's in the support position again
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$Grab Holdings (GRAB.US)$ What about the Green Hat XL you mentioned?
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$BTC Digital (METX.US)$ I am still quite bullish on small caps just because of the potential they have. Been looking at others too like mbh or prts and I think that most of them are bottomed out now
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$Bitcoin (BTC.CC)$ $Dogecoin (DOGE.CC)$ $Ethereum (ETH.CC)$ $Coinbase (COIN.US)$ Cryptocurrency mining has risen in popularity in recent times, given the massive interest from regular folks.
However, as more people are trooping in to join the crypto mining network, does that make it any easy for someone without prior knowledge in the crypto space?
What is Crypto Mining?
In the absence of the jargon terminologies, crypto mining in simple terms refers to the process by which a new digital asset (say Bitcoin, for instance) is being injected into circulation. Likewise, crypto mining could also mean the process by which new crypto transactions are validated within a blockchain by the network nodes or validators.
How does mining work?
Mining can be performed using different approaches including cloud mining, CPU mining, GPU mining and ASIC mining. However, while these approaches employ different mechanisms and facilities, they all achieve the same purpose.
Notably, a miner deploys different computational machines (as listed above) to solve complex mathematical equations using cryptographic hashes.
How easy is it to mine cryptocurrency?
Contrary to the general opinion, mining is not rocket science, and it’s not only reserved for developers or people with software development skills alone. On the other hand, anyone can become a miner, provided that you are willing to acquire basic crypto knowledge.
Part of the content is taken from Yahoo.
However, as more people are trooping in to join the crypto mining network, does that make it any easy for someone without prior knowledge in the crypto space?
What is Crypto Mining?
In the absence of the jargon terminologies, crypto mining in simple terms refers to the process by which a new digital asset (say Bitcoin, for instance) is being injected into circulation. Likewise, crypto mining could also mean the process by which new crypto transactions are validated within a blockchain by the network nodes or validators.
How does mining work?
Mining can be performed using different approaches including cloud mining, CPU mining, GPU mining and ASIC mining. However, while these approaches employ different mechanisms and facilities, they all achieve the same purpose.
Notably, a miner deploys different computational machines (as listed above) to solve complex mathematical equations using cryptographic hashes.
How easy is it to mine cryptocurrency?
Contrary to the general opinion, mining is not rocket science, and it’s not only reserved for developers or people with software development skills alone. On the other hand, anyone can become a miner, provided that you are willing to acquire basic crypto knowledge.
Part of the content is taken from Yahoo.
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Moerissa : cool