splash-img-tpt Skip to content
Magical Extras Discounts & Offerings Crypto Mining Machine
Magical Extras Discounts & Offerings
Whats Crypto? - Aryaminer
April 29, 2023 Arya Miner

Whats Crypto?

What is “cryptocurrency”?

“cryptography” derives from the word “crypto,” a word used for being secret, hidden, and camouflaged. Cryptocurrency means a digitalized currency that is virtual and transparent, and no one can see your transactions. The question arises as to how the trades are being done. The transactions are being done with the help of the Internet. All the transactions, whether in the shape of bitcoin, Ethereum, Ripple, and all the types of cryptocurrency, are stored in the database software called BlockChain. The main feature for which “cryptocurrency” is being applauded/praised is that no interference from any central authority or government occurs, and there is no intermediary. When traditional transactions are done, the bank is an intermediary between the consumer and the supplier.

What is “BlockChain”?

A “BlockChain” is open-source database software. The introduction to BlockChain is that it is a digital ledger that records all the digital transactions you have done using cryptocurrency. The main goal behind making this open-source database software is to look like a traditional ledger, having a debit on its left side and credit on its right side. Digital catalogs are distributed among a vast network of computers called nodes, and each one has a separate record of all the transactions in its memory or, in technical words, a hard drive. The network of computers called “nodes” are connected with the software “Peer to Peer” or (p2p) client. When the transactions are entered into the blockchain, it is first in the state of hidden or encrypted data. The transactions are called to be done when approved and recorded into the digital ledger.

Previous article Best Antminer S19 pro price; Unleash Maximum Profitability with it!

Comments

Ali - April 29, 2023

It’s good

Leave a comment

* Required fields

Featured collection

  • WhatsMiner M50S++ - Aryaminer

    WhatsMiner M50S++

    140-154TH/S

    Translation missing: en.product_price.item.price.range_html
    from $4,230.00
    from $4,230.00
    $4,230.00

    BEST WHATSMINER M50S++ PRICE MicroBT WhatsMiner M50S++ is one of the world's biggest manufacturers of ASIC Miners; this factory has an excellent re...

    View full details
    Translation missing: en.product_price.item.price.range_html
    from $4,230.00
    from $4,230.00
    $4,230.00
  • WhatsMiner M50S+ - Aryaminer

    WhatsMiner M50S+

    132-142TH/S

    Translation missing: en.product_price.item.price.range_html
    from $4,050.00
    from $4,050.00
    $4,050.00

    WHATSMINER M50S+ PRICE MicroBT WhatsMiner M50S+ is one of the world's biggest manufacturers of ASIC Miners; this factory has an excellent reputati...

    View full details
    Translation missing: en.product_price.item.price.range_html
    from $4,050.00
    from $4,050.00
    $4,050.00
  • WhatsMiner M50 - Aryaminer

    WhatsMiner M50

    110-112-114-118-120-122TH/S

    Translation missing: en.product_price.item.price.range_html
    from $1,910.00
    from $1,910.00
    $1,910.00

    Microbt Whatsminer M50 price   MicroBT WhatsMiner M50 is one of the world's biggest manufacturers of ASIC Miners; this factory has an excellent rep...

    View full details
    Translation missing: en.product_price.item.price.range_html
    from $1,910.00
    from $1,910.00
    $1,910.00
  • WhatsMiner M53S - Aryaminer

    WhatsMiner M53S

    254-260TH/S

    Translation missing: en.product_price.item.price.range_html
    from $5,670.00
    from $5,670.00
    $5,670.00

    BUY MICROBT WHATSMINER M53S HYDRO - HIGH HASH RATES AND WATER COOLING FOR EFFICIENT BITCOIN MINING It is introducing the latest innovation from Mic...

    View full details
    Translation missing: en.product_price.item.price.range_html
    from $5,670.00
    from $5,670.00
    $5,670.00
  • WhatsMiner M53 - Aryaminer

    Whatsminer m53

    228T 230T 232T 234TH/S

    Translation missing: en.product_price.item.price.range_html
    from $4,320.00
    from $4,320.00
    $4,320.00

    MicroBT WHATSMINER M53 HYDRO  Are you looking to enhance your Bitcoin mining efficiency? Introducing the MicroBt Whatsminer M53 Hydro, a revolutio...

    View full details
    Translation missing: en.product_price.item.price.range_html
    from $4,320.00
    from $4,320.00
    $4,320.00
  • WhatsMiner M50S - Aryaminer

    WhatsMiner M50S

    120-122-124-128-130TH/S

    Translation missing: en.product_price.item.price.range_html
    from $2,200.00
    from $2,200.00
    $2,200.00

    Best MicroBT Whatsminer M50S Price MicroBT WhatsMiner M50S is one of the world's biggest manufacturers of ASIC Miners; this factory has an excell...

    View full details
    Translation missing: en.product_price.item.price.range_html
    from $2,200.00
    from $2,200.00
    $2,200.00
  • ICE RIVER KS0

    Ice River KS0

    100GH/S

    Translation missing: en.product_price.item.price.range_html
    $810.00
    from $810.00
    $810.00

    ICERIVER KS0 100Gh/S KAS MINER The Ice River KS0 is a dedicated miner for the Casper network. It is a small, fanless device that consumes 120 watt...

    View full details
    Translation missing: en.product_price.item.price.range_html
    $810.00
    from $810.00
    $810.00
  • Bitmain antminer Ks3

    Antminer KS3

    9.4TH

    Translation missing: en.product_price.item.price.range_html
    $45,700.00
    from $45,700.00
    $45,700.00

    Bitmain Antminer KS3: The Most Powerful and Efficient Kaspa Miner The Antminer KS3 is a cryptocurrency mining ASIC developed by Bitmain. It was rel...

    View full details
    Translation missing: en.product_price.item.price.range_html
    $45,700.00
    from $45,700.00
    $45,700.00
  • WhatsMiner M30S++ - Aryaminer

    WhatsMiner M30S++

    100-102-104-106-108-110-112TH/S

    Translation missing: en.product_price.item.price.range_html
    $0.00
    from $1,330.00
    from $1,330.00
    $1,330.00

    WHATSMINER M30S++    MicroBT WhatsMiner M30S++ is one of the world's biggest manufacturers of ASIC Miners; this factory has an excellent reputatio...

    View full details
    Translation missing: en.product_price.item.price.range_html
    $0.00
    from $1,330.00
    from $1,330.00
    $1,330.00
  • Whatsminer M30S+ - Aryaminer

    Whatsminer M30S+

    94-96-98-100-102-104TH/S

    Translation missing: en.product_price.item.price.range_html
    from $990.00
    from $990.00
    $990.00

    BUY WHATSMINER M30S+  MicroBT WhatsMiner M30S+ is one of the world's biggest manufacturers of ASIC Miners; this factory has an excellent reputat...

    View full details
    Translation missing: en.product_price.item.price.range_html
    from $990.00
    from $990.00
    $990.00
Shop collection