BITCOIN GUIDES

How to Mine Bitcoins? MyBitcoin User, Investor & Trader Knowledge Base

How to Mine Bitcoins? MyBitcoin User, Investor & Trader Knowledge Base

What Do You Need to Mine Bitcoins? If you want to mine bitcoins, then you only need four basic tools: Bitcoin mining hardware (like a high-end gaming PC or ASIC) Bitcoin mining software (like BTCMiner or BFGMiner) A bitcoin pool A bitcoin wallet Next, we’ll take a...

How To Buy Bitcoins: MyBitcoin User, Investor & Trader Knowledge Base

How To Buy Bitcoins: MyBitcoin User, Investor & Trader Knowledge Base

Chapter 2.1- Buy Bitcoin You can buy bitcoin in a number of different ways. One of the cool things about the world’s most popular cryptocurrency is that you don’t need to buy it from a specific exchange, person, or marketplace. You don’t need to use a specific payment...

How To Buy Ethereum: MyBitcoin User, Investor & Trader Knowledge Base

How To Buy Ethereum: MyBitcoin User, Investor & Trader Knowledge Base

Ethereum is the world’s second largest cryptocurrency by market cap. It’s also the second best-known cryptocurrency behind only bitcoin. Launched in 2015, Ethereum is seen as “blockchain 2.0” for its innovative features like smart contracts and the Ethereum Virtual...

What is Bitcoin: MyBitcoin User, Investor & Trader Knowledge Base

What is Bitcoin: MyBitcoin User, Investor & Trader Knowledge Base

Chapter 1.3 Bitcoin We’ve talked about cryptocurrencies and we’ve talked about blockchain. It’s impossible to talk about both technologies without referencing bitcoin. In this chapter, however, we’re specifically focusing on bitcoin. Bitcoin’s network was launched in...

How To Buy NEO: MyBitcoin User, Investor & Trader Knowledge Base

How To Buy NEO: MyBitcoin User, Investor & Trader Knowledge Base

Chapter 2.7 Neo was once known as Antshares. In 2017, the project rebranded to Neo. Neo is similar to Ethereum in that both platforms offer smart contracts, virtual machines, and the ability to launch your own standardized tokens. While Ethereum uses the ERC20...

How To Buy Ripple: MyBitcoin User, Investor & Trader Knowledge Base

How To Buy Ripple: MyBitcoin User, Investor & Trader Knowledge Base

Chapter 2.8 Ripple is one of the world’s largest digital tokens by market cap. It’s also one of the most controversial. Unlike bitcoin, Ethereum, and similar projects, Ripple’s development isn’t led by an open source community. Instead, Ripple was created by the...

How Bitcoin Prices Work: MyBitcoin User, Investor & Trader Knowledge Base

How Bitcoin Prices Work: MyBitcoin User, Investor & Trader Knowledge Base

Chapter 1.4 Bitcoin Prices “Bitcoin isn’t backed by anything. It has no value.” When you ask people about the value of bitcoin, they may say things like that. There’s some truth to that statement – but it’s also really ignorant to say bitcoin is “backed by nothing”....

How To Buy Litecoin: MyBitcoin User, Investor & Trader Knowledge Base

How To Buy Litecoin: MyBitcoin User, Investor & Trader Knowledge Base

Chapter 2.9 Litecoin was the world’s second major cryptocurrency. Called “blockchain 2.0” at launch, Litecoin used bitcoin’s core code as its foundation, then expanded on that foundation to build a new cryptocurrency. Litecoin continues to be actively developed to...

What is Ethereum: MyBitcoin User, Investor & Trader Knowledge Base

What is Ethereum: MyBitcoin User, Investor & Trader Knowledge Base

Chapter 1.5 Ethereum Ethereum is the world’s second largest cryptocurrency by market cap, behind only bitcoin. Launched in 2015, Ethereum has grown to become one of the best-known names in the crypto space. Like bitcoin, Ethereum is an open source platform built on...

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