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QuoteColo Blog

  • Proof of Work vs. Proof of Stake: Understanding the Differences in Consensus Algorithms

    Posted by QuoteColo on May 22, 2018

    If you have ever delved deeper into the world of cryptocurrency than the surface, you’ve no doubt noticed that there are several different concepts underpinning how the various cryptocoins out there function. Two of the most common consensus algorithms are proof of work (PoW) and proof of stake (PoS), sometimes called dedicated proof of state […]

  • The 6 Best Bitcoin ASIC Miners

    Posted by QuoteColo on May 16, 2018

    Because it is so difficult to become an effective Bitcoin minter when you are only using the GPU on your computer, the most successful miners have turned to using ASIC hardware. ASIC stands for Application Specific Integrated Circuits, and these are devices that specialize in mining Bitcoin. Because of the noise and the heat created […]

  • Antminer S9 Bandwidth Requirements and Energy Usage

    Posted by QuoteColo on May 14, 2018

    When mining Bitcoin, you need to consider all the costs and requirements of operating the machine whether you are running it at home or you have the machine in a datacenter. Not only must you factor in the cost of the unit itself, but you will also need to think about just how much bandwidth […]

  • The Best Bitcoin Mining Software Solutions

    Posted by QuoteColo on May 08, 2018

    Bitcoin mining can be incredibly profitable. Currently, the bounty for a bitcoin block is 25 bitcoins – that is a significant amount of money, even at the current trading value of the cryptocurrency. For those interested in getting into mining, whether on their own or as part of a mining pool, one of the first […]

  • Compliance vs. Security in the Private Cloud

    Posted by QuoteColo on March 12, 2018

    There is a common misconception when dealing with the private cloud, and in other places as well, that compliance and security are the same things. The truth is that these are two very different things and they play vastly different roles in both your cloud and your internal environment. What cybersecurity does is protect your […]