Bitcoin’s protocol is built on distributed ledger technology, also commonly referred to as blockchain. It represents a ledger of blocks, each consisting of all transactions in Bitcoin’s history. The Internet is full of ads with offers for the sale of mining farms. We will not consider GPU designs, since this type is not very effective in the case of mining coins using the SHA-256 algorithm. The only way to become a profitable miner is to buy an ASIC miner. Typically,

But before you complete a trade or transaction for either, it can be good to look at the network fees to see if they’re running higher than usual. If it’s not a time-sensitive transaction, you can sometimes save money by waiting for fees to go down. There are various ways to see current fees and expected fees on a particular transaction, but two examples include Etherscan (for Ethereum transactions) and Blockchain.com for Bitcoin fees. Investing in Ethereum vs Bitcoin This