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Tag: cryptocurrency

CryptoNight – Where privacy, security and mining meet in cryptocurrency world

CryptoNight – Where privacy, security and mining meet in cryptocurrency world

Technology
In the world of cryptocurrencies and blockchain technology, mining algorithms serve as linchpins for safeguarding transaction security as well as integrity. The CryptoNight mining algorithm distinguishes itself through its distinctive attributes and focus. This piece will comprehensively explore the essence of the CryptoNight mining algorithm, its operational mechanics, its notable relevance within the cryptocurrency domain and its evolutionary trajectory over time. What is Mining Algorithms Before we move into the definition of CryptoNight, it is imperative to grasp the important role mining algorithms assume within the blockchain ecosystem. These algorithms furnish the computers of crypto miners with directives, steering them through the intricacies of validating transactions a...
10 Best Finance Books for Passive Income

10 Best Finance Books for Passive Income

Finance
We can learn about finance, business and investing from many resources these days but the best method is to read good old books. You may spend several hundred dollars to buy these books but you will earn much more in savings and future investments. Books for passive income are probably the best investment.  The Basics of Passive Income Are you not satisfied with your current level of income? Do you often search for online loans for bad credit on the Internet to help you cover unexpected financial issues? There is a better way out. Passive income is a type of earnings which comes from steady cash flow that requires minimal effort to maintain it. More and more people are willing to use passive income and apply it in their financial plans. It brings continuous financial streams and l...
Choosing the Best Types of Investments for Your Portfolio and Personality

Choosing the Best Types of Investments for Your Portfolio and Personality

Business
One of the key challenges of formulating an investment portfolio is finding the best types of assets to include. The types of investments that suit you would depend on several aspects—the main deciding factors being your personality, amount of capital available, and the other investments already in the portfolio. Other deciding factors could also include personal debt. In any case, building a profit-earning portfolio is largely dependent on key decisions given to picking stocks, bonds, and other assets. Here are several pointers to help you determine how best to do that: Invest in Things You Understand Knowing how to invest in stocks doesn’t always come as naturally as one might think. As veteran investors often advice, only invest in assets you understand. When you are browsing for t...
Why China’s Cryptocurrency Barons Are Seeking New Life in Japan and Singapore

Why China’s Cryptocurrency Barons Are Seeking New Life in Japan and Singapore

General
China's largest cryptocurrency operators seek new life in friendlier Asian jurisdictions such as Hong Kong, Singapore, South Korea, and most especially, Japan as the mainland – once a home to the world's biggest community of Bitcoin miners – cracks down on cryptocurrency activity. Kicked out of their own territory and forced to shift resources en masse, China's exchanges and wallet services are now harboring for alternative investments by attracting new customers and staking out other corners of the $170 billion industry in the global market. They are either setting up over-the-counter shops in Hong Kong, planning operations in Singapore and South Korea, or applying for licenses in Japan (whether solo or via partnership). OKEx (one of the largest bitcoin operators in China backed by ...