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Gal Crypto

Geek crypto Gal stacking sats to get more tats! Information security enthusast, cryptocurrency early adopter and passionate about decentralized finance + fintechs. Front-end developer (Angular, PHP, React) and weekend skater. Gal Crypto has published a total of 84 Posts

Latest Updates by Gal Crypto

ELI5 What is an Antminer?
Antminers are dedicated cryptocurrency mining machines developed and produced in mainland China by Bitmain. The original Satoshi Nakamoto Bitcoin client used to mine Bitcoins u...
ELI5 What was Oasis Mining?
Oasis Mining was an initiative by former crew from OALend Coin (OACCOIN). The core business idea was to raise money via crowdfunding (ICO) in order to produce cryptocurrency mi...
Should I worry about the Bitcoin halving?
As you probably know, when mining Bitcoin, every block contains a reward reserved for whoever solves it. The very first blocks, mined by Satoshi Nakamoto himself, paid a 50 BTC...
How are large Bitcoin mining operations built?
Bitcoin mining is no longer profitable in the small. Today, the mining landscape is dominated by two different mining strategies: Large scale Bitcoin mining operations;Altco...
The complete guide to Bitcoin and altcoin hacks [Part 1]
Perhaps you'd be surprised to find out that Bitcoin has been hacked in the past? Millions of fake Bitcoins were minted out of thin air and injected into the blockchain. Even th...
ELI5 What was the Black Goblin market [BGM]?
Black Goblin was a short lived and relatively unknown darknet market. It ran at Tor address ua4aptglh45m5p6b.onionand was announced on Reddit in the DarkNetMarkets subreddit, w...
ELI5 What is an ASIC miner?
ASIC stands for Application Specific Integrated Circuit As the name implies, an ASIC miner is a cryptocurrency mining machine built around a circuit designed solely for one spe...
Estimating Cardano ADA Staking Rewards
July 2020 Update Cardano has finally released the Shelley mainnet. From this point forward, staking rewards will no longer be estimated. Once epoch 210 is concluded, we'll have...
ELI5 Tezos’ Liquid Proof of Stake?
“You must be shapeless, formless, like water. When you pour water in a cup, it becomes the cup. When you pour water in a bottle, it becomes the bottle. When you pour water in a ...
ELI5 What is a Cryptocurrency Mixer? (AKA Tumbler) Are mixers legal?
A cryptocurrency tumbler is a system which mixes transactions in order to make it difficult to trace the origin of the funds. Although in fiat money markets this would be seen ...