Category: Tutorial

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 […]

Blockchain 101: Episode 21 – The digital signature of Bitcoin

The digital signature can only be generated by the Bitcoin sender. It’s a series of tamper-proof code. By verifying this […]

Blockchain 101: Episode 20 – What happens after I initiate a Bitcoin transaction?

When you initiate a Bitcoin transaction, the information is broadcasted to the whole network, after mining nodes receive the information, […]

Blockchain 101: Episode 19 – What are Bitcoin nodes?

Bitcoin is a peer-to-peer electronic cash system. Or, node-to-node. In every transaction, the sender sends information to surrounding nodes, which […]

Blockchain 101: Episode 18 – What is a Bitcoin address?

Bitcoin address is made up of random alphanumerical characters. There are 26 to 35 characters in an address and they […]