Cryptocurrency How-To

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Bitcoinnect how-to

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Bitconnect has a proof of work AND proof of stake mining process. It is an open source, peer-to-peer, community driven decentralized cryptocurrency. People can store and invest their wealth in a non-government controlled currency, and even earn a substantial interest on investment. With proof of stake, your coins, can be used to maintain the security of the Bitconnect network.

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How to mine Ethereum with a PC

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With Bitcoin, PC mining has not been profitable for years. Ethereum, has a different mining consensus and after it's price surge, it seems that mining ethereum with a PC, is something that can give you a profit, See the video for details.

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Keepkey is another hardware wallet, that has been around for some time. It is very easy to use and setup. In the video we can see the setup process and first transactions. See more how-to 's for wallets:

Trading is difficult for beginners, but luckily we have Internet and Youtube. There are many videos around, but I found this one, the most helpful.

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A paper wallet is a safe way to keep cryptocurrency off-line. You generate a keypair (public and private), and send funds to the public address. When it is time to spend, you import the private key to an online wallet.

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Hardware wallets, are the safest way to use cryptocurrency, because private keys are kept off-line. This minimizes the risk of stealing from a hacker. A very famous hardware wallet is Trezor. See the video for details.

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How to install and use light wallet Electrum. Electrum does not need to download the blockchain on your computer, because it reads it from the Electrum wallet servers.

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Nowadays, with high transaction fess, because of the confirmation delays, a user, should know how to set his transaction fee. It is very easy, if you look at the video.

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