Cryptocurrency
How to calculate your ROI
How do I breakeven? To calculate your breakeven point, you need to track your initial investment. Hypothetically, let’s say that’s $2000. Add an estimated $100 monthly electric bill to calculate your expenditure over time. After 30 days your expenditure would be $2100. Next calculate your daily average profit. To do this put in the total… Read More
Cryptocurrency
Why Should I Mine?
Before we can persuade you to start mining, you first need to understand what mining is. What is Mining? In short, mining is basically lending your computer’s processing power to validate Bitcoin transactions. Oh, and you are compensated with Bitcoin. In more detail, mining is your computer solving some hash algorithm calculations that secure the… Read More
Cryptocurrency
What is Bitcoin?
In order to understand what mining is and how to mine, first you need to understand Bitcoin. What is Bitcoin? Bitcoin is the first truly digital currency that is completely decentralized. How does all of this work? Well, the answer for that can be long or short depending on your interest but what you should… Read More