Sentences with phrase «other altcoins using»

Similar in size to a car key, this hardware wallet allows users to store various cryptocurrencies like bitcoin and other altcoins using a private key which is stored internally.

Not exact matches

These are the differences that make altcoin mining far more favorable on a GPU, as for others they use CPU processing.

Interestingly, Lee explained how it was a pragmatic decision for Litecoin to use a different algorithm to Bitcoin, as he had seen the significant problems other altcoins had faced when their miners were required to compete with Bitcoin's miners.

Currently at BetKing, we support up to 19 different altcoins, tokens and cryptocurrencies in order to provide our players with more choice than the traditional BTC tokens used on numerous other sites.

ARM can be also used as a storage value, as its price represents a fraction of crude oil, while it can be also exchanged for any other major cryptocurrency like Ethereum (ETH), from where it could be transacted in any altcoin.

Other cryptocurrencies — called «Altcoins» — have just been penny bonds on untrustworthy online - markets, mostly used to keep miner's GPUs working, siphon the cost and dump the coins.

Exchange: A cryptocurrency exchange is an online platform or digital marketplace where traders can buy and sell cryptocurrencies using different forms of fiat currency or other altcoins.

At that point, these miners will have two choices: either use their rigs to mine other altcoins like ZCash, or try to sell them online.

This hard fork is not supported by the vast majority of the Bitcoin community and using any of the above services, and others on this list, could result in your Bitcoin being lost and replaced by an altcoin.

Gizmodo points out that bitcoins are used as a way to buy into other cryptocurrencies, sometimes called altcoins.

Use your credit card, Bitcoin, Ethereum, Litecoin and 15 + other altcoins to fund your account and get started.

Even though bitcoin cash right now is being traded at ~ $ 600, it will take a while before you can use the fork for other purposes except trading with other altcoins or converting it back into cash.

Traders must use blockchain infrastructure like wallets to send bitcoin to the exchange, and then they can use it to buy altcoins denominated in BTC, like Stellar Lumens (XLM), Request Network (REQ), Cardano (ADA), and countless others.

Bitstamp is a reliable and easy to use exchange to buy / sell Bitcoin and other popular Altcoins with major fiat currencies.

They are individual altcoins, but can be used as springboards for other projects.

The platform has integrated with ShapeShift to allow the use of other cryptocurrencies on the platform, thereby providing the same, quality online gaming service to the altcoin community as well with Dash and Ether proving to be very popular deposit currencies.

The company's main area of expertise extends to the mining of altcoins, using GPU cards, followed by the exchange of the same to other currencies or commodities, such as BitCoin, LiteCoin, gold and silver, among many other options.

Altcoins like Litecoin, Dogecoin, Darkcoin, and Namecoin are just some of the widely used digital currencies other than Bitcoin in the iGaming industry.

Because the currency is still in its infancy as of November 2017, you might want to offer customers the option to pay with BTC or other altcoins alongside Bitcoin Gold, However, if the cryptocurrency does gain more acceptance, you might see more people willing to pay you for services and products using BTG.

The money they earn can be converted into bitcoin or other altcoins like ether, or use mobile cashiers to exchange (HMQ) Humaniq tokens for fiat currencies.

Robinhood will be able to provide more access to the market and allow a new demographic to access altcoins which were previously difficult to buy for newcomers who only used Coinbase and not the other exchanges.

Nvidia's graphic processing units (GPUs) are cards used in the computer servers to mine or create new bitcoin and other altcoins that they earn for solving transaction - fueled puzzles and advancing the blockchain.

Further, unlike many other altcoins that followed bitcoin's use of the SHA256 algorithm for proof - of - work, Zcash (ZEC) relies on an algorithm called Equihash.

He further explains that bitcoin will be the only cryptocurrency used in this experimental regulatory phase and a successful implementation will help ensure the roping - in of other altcoins.

Despite still being considered an «altcoin» a term used for alternative cryptocurrencies besides the more popular Bitcoin, Litecoin has been gaining traction recently with growing number of Litecoin ATMs popping up in Canada, UK and other countries as well as increasing number of exchanges listing it as a tradable cryptocurrency.

If you already own Bitcoin, you can use Bittrex to trade your Bitcoin for Ethereum, or many other lesser known altcoins.

Use our cryptocurrency converter powered by Changelly to easily transfer altcoins from one to other.

Apart from storing Bitcoin, the TREZOR hardware wallet can also be used to store other cryptocurrencies like Litecoin, Zcash, DASH, and other altcoins.

The Ledger can be used to transact in Bitcoin AND Ethereum, Ethereum Classic, Ethereum Tokens and other altcoins.

While Proof of Work SHA2 runs bitcoin, different altcoins use scrypt or other solutions to solve this problem.

The new integration of the Shifty Button, a free to use and open - source tool created by ShapeShift, now allows customers to buy products with various altcoins such as Monero, Ether and over thirty others.

At some point working in cryptocurrency, we use these centralize exchanges to convert our bitcoins or altcoin to other altcoins etc..

Bitcoin can be used to buy other cryptocurrencies that have formed over time known as altcoins or alternative coins.

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It is also very convenient for partners to use altcoin as means of payment for traffic, as means of exchanging for other cryptocurrencies and also as perfect store value instrument.

And that, on the one hand, will allow the ICO participants to receive the super profit, on the other hand, to use other cryptocurrencies as means of payment within the system until the development of final product takes place and that neutralize negative effect of altcoin growth in relation to basic cryptocurrency.