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BitcoInsights

Everything about #Bitcoin Ecosystem. Transactions alerts, Market updates, Blockchain status, Hot insights and research. Founded by #SmartLiquidity Team

Joined July 2020 37 Followers

BitcoInsights

Bitcoin mining is backbone of Bitcoin network

6 Aug 2020 1 minute read comments BitcoInsights

📚 What is Bitcoin Mining? Bitcoin mining is the process of adding transaction records to Bitcoin’s public ledger known as Blockchain. In simple terms, Bitcoin mining is the process of making computer hardware do a mathematical calculations for the Bi...

Is Bitcoin a Supercomputer?

2 Aug 2020 1 minute read comments BitcoInsights

📚 What is Supercomputer? A supercomputer is a computer with a high level of performance as compared to a general-purpose computer. The performance of a supercomputer is commonly measured in floating-point operations per second instead of million inst...

Types of Bitcoin Address Formats

28 Jul 2020 1 minute read comments BitcoInsights

Address Formats Are the Internet Protocol of Bitcoin   📚 Bitcoin address is comprising string of 26 to 35 alphanumeric 🗝 characters. 🛫 Beginning with the number 1, 3 or bc1 that represents a possible destination for a Bitcoin payment. 🛰 There are thr...

Bitcoin History & Insights

27 Jul 2020 1 minute read comments BitcoInsights

📚 Who created Bitcoin that is still mysterious... 🧐 ✏️ Satoshi Nakamoto? 🤔 📰 In Japanese, the name roughly translates into: ✅ Satoshi: clear-thinking, quick-witted, wise✅ Naka: inside, or relationship✅ Moto: the foundation📚 Have you heard about Bitco...