Institutional money flowing into BTC Bitcoin hash rate is the total computing power miners are using to secure the network, measured in hashes per second. A higher hash rate means more machines are competing to validate transactions, which makes the network more secure and harder to attack. It is one of the clearest indicators of mining activity and network health. Institutional money looks to be flowing heavily into the bitcoin economy. Greyscale’s bitcoin trust traded the week with...Continue Reading
A blockchain is a decentralised, distributed ledger that records every transaction on a public record no single party controls. On the Bitcoin network, miners replace the bank clerk: specialised computers validate transactions, secure the ledger through proof of work, and earn newly issued Bitcoin, all governed by a fixed supply of 21 million coins. A blockchain is a shared public ledger maintained by a network of computers rather than a single company or bank. On Bitcoin, miners...Continue Reading
The Crypto journey has taken us on is like the first adventure you took with your friends or family to a destination that was unknown or unfamiliar. The beginning of this journey was spontaneous. You planned very little but let the excitement of the new adventure take you with it. Your intentions seemed clear at the start of this journey… you were getting involved with something that was fun, involved risks but ultimately something you believed in and...Continue Reading
It has almost been a year since MiningStore Australia became a registered business, and now is the time to reflect on the outstanding achievements our community has accomplished. Despite the relentless claws of the bear digging deeper into the crypto market, MiningStore and our beloved community has achieved some outstanding results that each member should be proud of. The community What started as a group of 20 Australian crypto fanatics is now a much larger family of over...Continue Reading
Have you ever asked yoursel to know the Economic Model of why people in today’s day and age are so desperate to, “invest” their savings? The simple answer is inflation. Capitalism has installed in us that “inflation is healthy” as it, “helps the economy grow”. However, what people do not realise about inflation is it really just makes the rich get richer, and gives those with power, more power. Here is why the current level of inflation is...Continue Reading
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