Gone are the days where anyone with very limited knowledge or research could pick a coin to mine and achieve returns of $50 -$100 dollars per day. In today’s market, successful mining strategies involve countless hours of research and due diligence. MiningStore has had an exceptional track record in providing our community with quality coins to mine. The MiningStore community was mining Ravencoin back when you could mine thousands of the coin per day. Ravencoin is now worth...Continue Reading
What is Bitcoin? Bitcoin is a form of electronic cash that can be sent directly from one user to another without an intermediary. It was invented by an unknown person or group using the name Satoshi Nakamoto and released as open-source software in 2009, as set out in the Bitcoin whitepaper at bitcoin.org. Bitcoin uses a decentralised peer-to-peer protocol to store value as information on a publicly verifiable ledger. For everyone to agree on the shared ledger, Nakamoto...Continue Reading
Below is an interesting perspective from one of the members of the MiningStore Elite-Traders community with Prediction for bitcoin. It makes some very interesting parallels between previous revolutionary markets and Bitcoin. Although it is a lengthy read, it is a great perspective on the market and where it is heading. Enjoy. An Architect’s Prediction for Bitcoin As a graduate architect running my own business, I have found trading to be a perfect supplement to the business during quiet...Continue Reading
What is LOKI? LOKI was a decentralised, open-source privacy project and encrypted messenger built on the CryptoNote protocol, the same base that underpins Monero. It was founded in early 2018 by an Australian team and raised a reported US$9 million in a private sale that year. The coin became mineable on the CryptoNight Heavy algorithm in May 2018. For a complete in-depth review of ‘What is LOKI?’, you can view the following interview of Tech Lead Kee Jefferys...Continue Reading
The Coinbase Lesson on Buying Bitcoin in a Bear Market Back in 2018, one statistic cut through the gloom of a brutal crypto winter. Despite the market shedding most of its value across the year, Coinbase was still one of the busiest on-ramps in the industry. The figure was eye-catching, but the lesson behind it has aged far better than the number itself, and it still explains why experienced investors buy Bitcoin in a bear market today. Key...Continue Reading
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