How To Set Up A Bitcoin Miner

December 17, 2018

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Many people are eager to get in on the cryptocurrency craze. Some of them are also interested in mining their own Bitcoin. We’ll say right up front that Bitcoin mining can be an expensive enterprise. It requires specialized computer equipment and large resources of electricity. It is not as popular today as it once was […]

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Public And Permissioned Blockchains

December 17, 2018

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Cryptoswede has covered the blockchain in some extensive detail. In this article we are going to briefly explore the differences between a public and a permissioned blockchain. The two of them function in much the same manner. The primary difference rests in who has accces to the blockchain, who can view it, and who can […]

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Why use a Blockchain?

December 16, 2018

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Separating the hype from the truth is not always easy where blockchains are concerned. The very words blockchain technology have generated a large buzz. Even those who have no real interest in Bitcoin or cryptocurrency have heard about blockchains. As the technology continues to grow and develop,one of the missions of those who are advancing […]

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What Is The Lightning Network?

November 30, 2018

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The scaling of Bitcoin and other cryptocurrencies has always been a hotly debated issue in the community. The Lightning Network has been introduced as a possible solution to this pressing problem. It has the ability to allow Bitcoin transactions to be processed much faster while minimizing the cost. Some believe that this type of protocol […]

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How to Buy Bitcoin in the UK

November 27, 2018

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Bitcoin is very popular in the UK. The UK has adopted a more friendly stance toward Bitcoin than some other countries. At Cryptoswede we often get asked how to buy Bitcoin in the UK. There are a couple of reliable methods that one can use to make Bitcoin purchases. Buying Bitcoin in the UK is […]

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How Bitcoin Mining Works By Confirming Transactions

November 27, 2018

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One of the core aspects of the Bitcoin blockchain is the use of individuals on the network to confirm transactions. It is somewhat surprising that detailed information on this subject is in short supply when compared to other topics that involve Bitcoin. Cryptoswede has created this guide which explains how Bitcoin mining works by confirming […]

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How does a Bitcoin Node Verify a Transaction?

November 25, 2018

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If you are familiar with the blockchain of Bitcoin then you know that nodes are an important part verifying Bitcoin transactions. But how does this happen exactly? In order to understand how nodes work to help maintain the blockchain, we first need to understand exactly what a node is. What is a Bitcoin Node? Bitcoin […]

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How can I Buy Bitcoin?

November 25, 2018

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One of the questions that we are frequently asked at Cryptoswede is, “How can I buy Bitcoin?” Today it is much easier to purchase cryptocurrency than it was in the past, but there are still very precise ways that it must be accomplished. Here is a complete answer to the question that should help you […]

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What is Bitcoin? Decentralized Digitalcurrency

November 23, 2018

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Are you interested in learning more about Bitcoin? Maybe you find it hard to break through all of the technical language that is often used to describe this virtual form of money. What is Bitcoin? The simple answer is that it’s a decentralized digital currency. But what does this mean? Here’s a simple look at […]

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Is Bitcoin BTC Legal?

November 23, 2018

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Those who are unfamiliar with Bitcoin and how it works often ask, “Is Bitcoin legal?” The short answer to the question is yes. There are no global laws which prevent and individual from buying, selling, or holding Bitcoin. While it is a simple question to answer, the landscape of cryptocurrency is always changing. Some governments […]

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