Robinhood Cryptocurrency Support Raises Concerns

Robinhood has announced that they will allow zero fee Bitcoin and Ethereum (more coins to be added later) trading with the Robinhood app. Robinhood is a very popular stock trading app that allows zero fee stock trading and instant funding of your Robinhood account for up to $1,000.

While it is always nice to see a company like Robinhood offer easy access to Cryptocurrencies, this move comes with some red flags. Continue reading “Robinhood Cryptocurrency Support Raises Concerns”

Avoid Coinbase Fees By Using GDAX To Withdraw

Coinbase fees can be high. If you withdraw your coins from Coinbase directly you will be charged a network transfer fee for your withdrawal. Currently, for Bitcoin, this can be a very high fee due to how congested the BTC network is. This guide will show you how to use GDAX to completely avoid paying this network transfer fee. If you have never used Coinbase before, check out my article here on how to get started: How To Buy Bitcoin, Bitcoin Cash, Litecoin and Ethereum. Continue reading “Avoid Coinbase Fees By Using GDAX To Withdraw”

How To Buy Bitcoin, Bitcoin Cash, Litecoin and Ethereum

This cryptocurrency guide will show you how to quickly and safely get started with investing in Bitcoin, Bitcoin CashLitecoin, Ethereum or, if you wish, all three! This guide will use CoinBase to get you started with Cryptocurrency. CoinBase is a FDIC secured company located in San Francisco that also insures their Bitcoin, Bitcoin Cash, Litecoin and Ethereum.  Continue reading “How To Buy Bitcoin, Bitcoin Cash, Litecoin and Ethereum”

Bitcoin Gold: The Coin That Extends GPU Mining Life?

Update: Please read this thread before considering Bitcoin Gold: Here is why Bitcoingold is shady and a scam you should dump it as soon as you get it, never buy it!

CoinDesk has an article discussing the upcoming Bitcoin Gold, which is expected to take place on October 25th, 2017.

There could be as many as four cryptocurrencies bearing the bitcoin name if a small group of miners and developers carry out a planned fork of the blockchain this month.

Styled as a rebellion of sorts, bitcoin gold aims to follow a similar launch plan as bitcoin cash – the blockchain that split from bitcoin this summer by way of a “hard fork.” The idea of the project is to release an improved protocol, one that will challenge bitcoin cash in particular, and details are now starting to come come into focus.

Led by Jack Liao, CEO of Hong Kong mining firm LightningASIC, bitcoin gold is slated to launch on October 25, with its cryptocurrency being opened to exchanges on November 1.

Unlike the Bitcoin Cash hard fork which still uses the same SHA-256 algorithm, Bitcoin Gold aims to move to Equihash, an ASIC resistance algorithm  highly optimized for GPU mining. Equihash is used by the popular coin Zcash.  Continue reading “Bitcoin Gold: The Coin That Extends GPU Mining Life?”

Affordable 12 GPU Mining Rig: Monero, Vertcoin, Bitcoin Gold & Ethereum

When most people think of mining rigs they think expensive and top of the line video cards. Not all of us can jump right in and start buying the latest and greatest video card, especially in a situation where you want to use 12 of them. After a couple of weeks of research the following is what I decided to go with based on price, power consumption and hash rate to build my 12 GPU mining rig. I also took into consideration potential resale value and being able to mine many other cryptocurrencies. Continue reading “Affordable 12 GPU Mining Rig: Monero, Vertcoin, Bitcoin Gold & Ethereum”