Bitcoin Mining Tools

Bitcoins and other cryptocurrencies are generated through a process called "mining." Mining is a decentralized process whereby anyone can allocate their CPU or GPU power (depending on the algorithm used by each cryptocurrency) to process transactions and verify those transactions, which are then published on a public ledger. During the "mining" process, the CPU or GPU is used to solve a computationally difficult problem. When a miner solves this problem, they are rewarded with the respective coin that is generated.

Bitcoin Payment Services

Applications and services within the Bitcoin payment category are those which accept Bitcoin as a payment method. Also included are services which dispense payouts in Bitcoin (similar to PayPal, but instead using Bitcoin or another cryptocurrency rather than traditional fiat currency). This category can also include applications or services which make it easier for an individual or business to process or send Bitcoin payments compared to what a traditional Bitcoin wallet can provide.

Crypto Mining Tools

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Crypto Portfolio Trackers

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Crypto Wallets

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Cryptocurrency Coins

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Cryptocurrency Exchanges

Cryptocurrency exchanges are platforms or services where you can trade or exchange one form of cryptocurrency for another. Some cryptocurrency exchanges allow you to only exchange one cryptocurrency for another, such as Bitcoin for Ethereum, while other exchanges allow you to exchange cryptocurrency for fiat currency, for example, USB for Bitcoin. Essentially, cryptocurrency exchanges operate much like a stock exchange or traditional currency exchange.

Cryptocurrency News

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Cryptocurrency Statistics Services

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Mining Pools

"Mining pools" are a way for multiple cryptocurrency miners to pool their CPU and/or GPU resources together to mine for coins. In sharing their resources for mining, the goal is to more quickly compile the next "block" of transactions, thereby obtaining the reward (the generated coin). Because the miner's resources are being shared and pooled together, so are the generated rewards, which are distributed amongst the miners respectively.