FAQ

Frequent Bitcoin Questions
Jul
10
What is a 51% Attack?

What is a 51% Attack?

0:00 /1:27 1× This article dives into the logistics of a 51% or majority attack. What is it
3 min read
Jul
05
What is a Mining Pool?

What is a Mining Pool?

The Bitcoin network involves miners using the SHA-256 hashing algorithm(a method for generating a unique, fixed-size string of letters
3 min read
Jul
01
Why Mine With Simple Mining?

Why Mine With Simple Mining?

0:00 /1:19 1× Flexibility and efficiency are key to staying competitive and profitable as a Bitcoin miner. Simple
1 min read
Jun
22
What is Curtailment?

What is Curtailment?

0:00 /1:13 1× The power grid is a system designed to balance electricity supply and demand in real-time.
3 min read
Jun
19
What is a Bitcoin Node?

What is a Bitcoin Node?

A node is the rule keeper of the Bitcoin network, maintaining its security, transparency, and distributed nature. A Bitcoin node
2 min read
Jun
17
What is a Blockchain?

What is a Blockchain?

A blockchain is a digital database serving as a public ledger that records transactions. 💡Keep in mind many crypto assets
3 min read
Jun
13
What is a Bitcoin Halving?

What is a Bitcoin Halving?

If you own or mine Bitcoin, you've likely heard of the "Bitcoin Halving." While it might
2 min read
Jun
03
How to Buy Bitcoin

How to Buy Bitcoin

There are only so many ways to obtain bitcoins. You can buy bitcoins from someone else, you can mine bitcoins,
2 min read