After all 21 million bitcoin are mined, miners will rely on transaction fees instead of block rewards. What does this mean for the network's future?| River
The difficulty is a measure of how hard it is to produce a Proof-of-Work, required to publish a block to the blockchain. Bitcoin's difficulty updates periodically so that Bitcoin blocks arrive every 10 minutes, probabilistically.| River
A blockchain is a chronological list of records, called blocks. Each of these blocks contains transactions. Once a block is added to the blockchain, it is infeasible to alter, giving Bitcoin its immutability.| River
An Application-Specific Integrated Circuit (ASIC) is a special electronic chip built for exactly one purpose. Bitcoin ASIC miners, the hardware devices that contain these chips, are designed solely to hash blocks in order to find a valid Proof-of-Work.| River
Everything you need to know about mining rigs and what it takes to get started in this lucrative industry. Read more now!| River
Bitcoin’s value comes from its limited, transparent supply, and independence from government control, making it a truly unique and popular digital currency.| River