Bitcoin Glossary

Confused by some of the terms used on CoinDesk? Here you will find a complete bitcoin 101 that will help you to understand digital currency by explaining commonly used terms and their meanings.

What is the Difference Between Litecoin and Bitcoin

In 2009, Satoshi Nakamoto launched bitcoin as the world’s first cryptocurrency. The code is open source, which means it can be modified by anyone and freely used for other projects. Many cryptocurrencies have launched with modified versions of this code, with varying levels of success.

How to Calculate Mining Profitability

Are you serious about mining cryptocurrencies? If so, you need to know how to make the best use of your money and equipment. In this guide, we’ll show you how to mine your digital treasure in the most profitable way

Obviously, the big money is going into costly bitcoin ASICs. If you are already in that position

How Does Cloud Mining Bitcoin Work

If you want to invest in bitcoin mining without the hassle of managing your own hardware, there is an alternative. You can use the cloud to earn your coins

Put very simply, cloud mining means using (generally) shared processing power run from remote data centres. One only needs a home computer for communications, optional local bitcoin wallets and so on

What are Bitcoin Mining Pools

One of the first questions that anyone interested in mining cryptocurrencies faces is whether to mine solo or join a ‘pool’. There are a multitude of reasons both for and against mining pools. However, if the hash rate distribution across the bitcoin network is anything to go by (and it is) then most miners are opting to join a pool. Here’s what you need to know.

How to Set Up a Bitcoin Miner

here are three main categories of bitcoin mining hardware, each more expensive and more powerful than the last. This guide to setting up a bitcoin miner explains each of them, and talks about how to make them work.

By this stage, you will understand how bitcoin works, and what mining means.

How to Accept Bitcoin Payments for Your Store

One issue holding bitcoin back from wider-spread adoption is the lack of businesses that accept the digital currency as payment. This is a chicken-and-egg problem. If more businesses had the ability to accept bitcoin, it might encourage consumers to start obtaining and spending it, and vice versa.

How to Sell Bitcoin

Selling bitcoin isn’t quite as straightforward as buying bitcoin, but fortunately CoinDesk is here to help. This guide will give you all the information you need to cash out your digital currency.

How Do Bitcoin Transactions Work

Bitcoin transactions are sent from and to electronic bitcoin wallets, and are digitally signed for security. Everyone on the network knows about a transaction, and the history of a transaction can be traced back to the point where the bitcoins were produced.

How Bitcoin Mining Works

In traditional fiat money systems, governments simply print more money when they need to. But in bitcoin, money isn’t printed at all – it is discovered. Computers around the world ‘mine’ for coins by competing with each other

Is Bitcoin Legal

Bitcoin is of interest to law enforcement agencies, tax authorities, and legal regulators, all of which are trying to understand how the cryptocurrency fits into existing frameworks. The legality of your bitcoin activities will depend on who you are, where you live, and what you are doing with it.

What Can You Buy with Bitcoins

More merchants are beginning to accept bitcoins in exchange for goods and services, although the best place to find these merchants is marketplaces and aggregator sites that gather large numbers of supporting establishments together at once.

How to Make a Paper Bitcoin Wallet

One of the most popular options for keeping your bitcoins safe is something called a paper wallet. Here we explain how to transfer all those digital coins into a physical paper form using just a printer.

How Can I Buy Bitcoins

Now you’ve realized bitcoin is the way of the future, the next step is to get some bitcoins. But how? This guide will tell you what you need to know

Why Use Bitcoin

Bitcoin is a relatively new form of currency that is just beginning to hit the mainstream, but many people still don’t understand why they should make the effort to use it.

Why use bitcoin? Here are 10 good reasons why it’s worth taking the time to get involved in this virtual currency.

Who is Satoshi Nakamoto

UPDATE: 2nd April 2014

A day after the news broke that Satoshi Nakamoto was a 64-year-old Japanese man living in California, Nakamoto has denied being the creator of bitcoin. He has since hired a lawyer and issued a statement. Read the latest here

What is Bitcoin

Bitcoin is a form of digital currency, created and held electronically. No one controls it. Bitcoins aren’t printed, like dollars or euros – they’re produced by lots of people running computers all around the world, using software that solves mathematical problems. It’s the first example of a growing category of money known as cryptocurrency.

Highly Sought-After Bitcoins.com Domain Name Up For Auction Later This Month

We know that Bitcoin.com is involved in a five-year deal with Blockchain.info, but what about the highly sought-after bitcoins.com domain name?

Cyber-Security Expert Ashar Aziz Invests in PeerNova

Digital currency tech firm PeerNova has reportedly received a pre-Series A investment by cyber-security expert Ashar Aziz, according to a Tuesday morning announcement.

Police in France Bust Illegal Bitcoin Exchange

By Eric Calouro July 7, 2014 11:09

Police in France have reportedly closed the curtains on a bitcoin exchange they say was being run in violation of the law, Reuters reports. (In response to comments below, the name of the exchange is not immediately clear.)