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Posts tagged as “ethereum vs Bitcoin”

Is Ethereum Mining Profitable?

As the price of Ether (ETH) hovers around $900 (After touching a whopping $1400 just last month), you may be wondering if it’s worthwhile to begin Ethereum mining. Like Bitcoin, Ethereum is a proof-of-work (for now) coin that uses miners to confirm network transactions. Before we begin, let us remind you that Ethereum will eventually move to a Proof-of-stake framework and mining will go obsolete. But, there is still time for that, and we…

What is Ethereum?

In today’s bloodbath, one coin did pretty well, maintaining its price and market place. That is none other than Ether (ETH). Much has been said about ETH and Ethereum network that currently holds the second largest market cap in Cryptocurrency. What is Ethereum? Simply put, Ethereum is a blockchain-based decentralized platform on which decentralized applications (Dapps) can be built.     Remember, blockchain is the structure the vast majority of cryptocurrencies run…