Category: Blockchain 101 Animation

Blockchain 101 Episode 32 – How to invest in blockchain assets?

2008 was the year when Satoshi Nakamoto released the Bitcoin Whitepaper. Since then, new types of cryptocurrencies appear everyday and […]

Blockchain 101 Episode 31 – What is competitive bookkeeping?

Competitive Bookkeeping is how the Bitcoin network does its accounting, it helps to ensure and maintain the integrity and consistency […]

Blockchain 101: Episode 30 – What is hash power?

During the mining process, miners are solving complex math puzzles. However, the solution cannot be found by using a set […]

Blockchain 101: Episode 29 – How does a mining pool work?

With an increasing number of miners, the Bitcoin network experienced a surge in mining difficulty. It becomes impossible for solo […]

Blockchain 101: Episode 28 – What does a mining farm look like

Mining farms are places where mining rigs are managed centrally. It’s usually located in areas with relatively cheap and stable […]

Blockchain 101: Episode 27 – Evolution of the Bitcoin mining rig

Ever since the creation of Bitcoin, Bitcoin mining has gone through four stages of change: CPU mining, GPU mining, Specialized […]

Blockchain 101: Episode 26 – What’s a mining rig?

Bitcoin mining rigs solves complex math problems, compete for bookkeeping rights and receive block rewards. They usually contain mining chips […]

Blockchain 101: Episode 25 – How is mining done

Before the rise of blockchain technology, “miner” usually refers to coal miners. The image of a hardworking man with his […]

Blockchain 101: Episode 24 – How to mine Bitcoin

Bitcoin is produced through mining. Every 10 minutes, miners compete to solve a complex math problem. Whoever finds the answer […]

Blockchain 101: Episode 23 – What is mining?

  Mining is validating transactions initiated in the Bitcoin network within a timeframe, updating and adding new blocks on the […]