Introduction to Altcoin Mining Understanding Bitcoin Mining What is Bitcoin Mining? Bitcoin mining is the process of validating transactions and adding them to the Bitcoin blockchain. Miners compete to solve complex mathematical problems using computational power, ensuring network security and decentralisation. The first miner to solve the problem gets to add a new block to...Continue Reading
What is Voyager? Voyager is a “fast-growing, publicly traded cryptocurrency platform in the United States founded in 2018 to bring choice, transparency, and cost efficiency to the marketplace. Voyager offers a secure way to trade over 100 different crypto assets using its easy-to-use mobile application, and earn rewards up to 12 percent annually on...Continue Reading
What Bitcoin Network Hash Rate Actually Measures Quick Answer. Bitcoin network hash rate is the total number of SHA-256 computations per second being submitted to the Bitcoin blockchain by all miners worldwide. It is measured in exahashes per second (EH/s), where one EH/s equals one quintillion hashes per second. In August 2026 the network sits...Continue Reading
What Dollar Cost Averaging Bitcoin Actually Means for Australians Quick Answer. Dollar cost averaging Bitcoin is the practice of investing a fixed AUD amount into BTC at a fixed interval, such as AUD 100 every week or AUD 500 every month, regardless of the current Bitcoin price. The strategy removes the need to time entries,...Continue Reading
Crypto Bull Market-ARE YOU READY TO RUN WITH THE BULLS? In 2017 Bitcoin rose from under 1,000 US dollars to an all time high of about 19,783 US dollars on 17 December, moving through a series of steep, staged rallies. This article breaks down those 2017 stages, shows a 2019 attempt to project the next...Continue Reading
IS FACEBOOK BACKING OUT OF LIBRA? Libra & Facebook has had a less than ideal first few weeks in the spotlight. US Congress has made it abundantly clear that anything other than regulatory perfection from Calibra and Facebook would end with fines and legal proceedings. CNBC reported this week that Facebook admit the launch of...Continue Reading
BitMEX AND DR DOOM Earlier this week, US economist Nouriel Roubini aka Dr Doom (who was once described as a ‘Bitcoin sadist’), criticised Seychelles-based BitMEX for violating strict US regulations which prevent American citizens from trading on their platform. Roubini went so far as to accuse the platform of aiding in money laundering and referred...Continue Reading
TRUMP TWEETS Last week, bitcoin and cryptocurrency were thrust into the Twittersphere spotlight once again but this time thanks to Donald Trump who tweeted the below from his personal account. This is the first time a sitting American President has referenced publicly or even acknowledged cryptocurrency. It seems the news of Libra has unsettled the...Continue Reading
MiningStore’s Weekly Rundown RECESSION FEARS AND BANK LAYOFFS It’s been a week of recession fear and bank layoffs. Bitcoin has been resilient and seems to have settled in a fairly broad trading range of $10k – $13k USD, which begs the question as to how much money is leaving the traditional options of banks, bonds,...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...Continue Reading
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