Cloud mining vocabulary

The cryptocurrency industry has gained popularity in different parts of the world in just a few years. This is mainly due to the high profitability of digital assets and many ways to make money on them, including in the form of passive income. The rise in popularity of Bitcoin has contributed to a large influx of newcomers to the cryptocurrency industry, who sometimes have no idea about its basic concepts and slang. If you are one of those people (or want to brush up on information about crypto), this vocabulary is for you:

Cloud mining vocabulary

Buying NFT tokens – a trend, a bubble or a promising investment?

The concept of non-fungible tokens has been known to cryptocurrency fans for several years, but NFTs (as they are also called) have only become really popular in 2021. The new industry trend has become so well-known that some of the rarest NFTs sell for tens of millions of dollars. What are the reasons for such a high cost and whether this trend has a future? Let’s try to find out in our article today:

Buying NFT tokens – a trend, a bubble or a promising investment?

Battle of the titans: credit cards or cryptocurrency. Who will win?

At the time when bitcoin was created, there was no such thing as electronic money, so, in the beginning, the cryptocurrency did not have huge popularity. But despite the skepticism, today the position of virtual assets is rapidly gaining ground around the world and becoming a vital necessity. In this article, we will look at how credit card and bitcoin payments work and find out the differences:

Battle of the titans: credit cards or cryptocurrency. Who will win?

Mining difficulty on the Bitcoin network has dropped by 2.35%

According to BTC.com, mining difficulty on the Bitcoin network has dropped by 2.35%, the second biggest drop this year.
The drop followed a 1.29% increase in difficulty in early June. Prior to that, at the end of May, it fell by 4.33%.

Mining difficulty refers to the computational requirements for the mathematical process underlying mining, during which miners repeatedly try to find a hash below a set level. Miners who “discovered” this hash are rewarded for the next block of the transaction. Mining difficulty changes every 2016 blocks (approximately every two weeks) in accordance with the network hashrate.

Now is a good time to take advantage of Hashmart cloud mining provider and benefit from these changes.

All About Ethereum Staking at Hashmart

In the next few months, there will be an event many cryptocurrency fans have been waiting for several years. We are talking about the Ethereum transition, the second coin in terms of capitalization, to the Proof-of-Stake (PoS) algorithm.  An altcoin upgrade will completely change the model of earning on its issue. The role of miners will be taken by validators — those who invest a certain amount of ETH in a smart contract and will start making a profit from the moment they switch to PoS. You can get the role of a validator for yourself and lay the foundation for a future source of passive income right now. You can learn all the details in this article:

All About Ethereum Staking at Hashmart

The most promising altcoins for mining in 2022

The crypto market is constantly changing; while some coins remain popular for quite a long time, other altcoins quickly gain recognition among miners. Therefore, if you want to start digital assets mining, you need to be aware of changes in the set of coins that are best suited for mining in terms of investment ratio to potential profit. This article has ranked the best altcoins for mining in 2022:

The most promising altcoins for mining in 2022

Back to school with 11% discount from Hashmart

Hashmart welcomes all its clients and wishes them a Happy Back to School Day. If you still do not know what Bitcoin and cloud mining are, it’s time to figure it out with Hashmart, especially when we provide an 11% discount on purchasing contracts from the 5th to the 10th September. Use promo code: September2022

BTC Open-ended Contracts Termination

Cloud mining provider Hashmart announces the service termination for BTC mining open-ended contracts. Why so, and how will it go? We tried to answer all the questions you may have in this post:

BTC Open-ended Contracts Termination