See Also
ELI5 Who is Nick Szabo?
Nick Szabo is an American cryptography specialist, known for pioneering work in digital currencies. Considered by many to be the father of smart contracts, a concept he developed in the 1990’s. A few years later, Szabo implemented Bit Gold – a digital currency which laid the framework for several ideas behind modern cryptocurrencies. In a […]
ELI5: What was Honeyminer?
Honeyminer was an automatic multiple coin mining program that pays users to use their spare computing power. Honeyminer leveraged a variation of the concept of micro mining, where participants who do not wish to invest in a dedicated mining setup contribute tiny amounts of mining power against a proportional reward. In October 2021 the company […]
ELI5: Cryptocurrency Micro Mining
Micro mining is a cryptocurrency mining modality where large quantities of small, and low computing power, devices perform the mining work. The idea stemmed from concepts related to IoT (Internet of Things), but also applies to other mining modalities where users contribute tiny amounts of work against proportional rewards. For example, by using their spare […]
Bitcoin Blockchain to MySQL Insertion Tool
Crypto.BI Toolbox comes with a raw .dat block file to MySQL insertion tool called blocks_inserter. To use it, first you’ll need to generate the MySQL schema on your local server by importing scripts/sql/mysql/cryptobitoolbox_bitcoin.sql into your MySQL server. Then you will need to configure Toolbox with the appropriate username, password, host and database so that Toolbox […]