Articles On Crypto 101

An array of GPUs on a metal shelf used for mining cryptocurrency.

What Is a Crypto Mining Rig?

A crypto mining rig is an expensive and sophisticated computer that does intensive computational processes to produce cryptocurrencies like Bitcoin or Ethereum. Mining rigs are used to create new coins...

A graph depicting a stock’s trend that is crashing.

A Guide to Crypto Crashes

Cryptocurrency is at the forefront of accessible investments. The market is growing, too, with a more diverse range of currencies emerging. While Bitcoin gets a lot of press, alternatives such...

A smartphone displaying the Compound symbol sits on top of a laptop.

What Is Compound?

Cryptocurrencies have enabled the rise of decentralized finance (DeFi) marketplaces in which monetary transactions are democratized. Compound crypto is a tool for further empowering these marketplaces.  Compound is a protocol...

Close-up of various cryptocurrencies realized as tangible metal coins with their respective brand names and icons printed on the surfaces.

What Is Staking?

Staking is the process by which a crypto network validates transactions on a secure distributed database called a blockchain. Traditionally, each block in the chain requires a significant amount of...

A closeup of a stock market exchange candlestick chart graph.

Crypto Charts and How To Read Them

Understanding the basics of cryptocurrency is essential for any trader or investor looking to develop a solid strategy for increasing their return on investment. However, many people find it challenging...

cash trading crypto

How Cash Trading Cryptocurrency Works

Cryptocurrency cash trading is a process that allows investors to buy and sell digital currencies in a similar way to traditional currency. In most cases, this is what would be...

fourth gen blockchain

Fourth Gen Blockchain | What is a smart contract?

By Guy Gotslak How long before the technology matures? Here to answer your questions about crypto developments is My Digital Money President, Guy Gotslak. You’ll get his take on what...

my-digital-money-chainlink

What Is Chainlink? Learn About This New Cryptocurrency

Smart contracts automate agreements on the blockchain. They evaluate information, and if certain conditions are met, they execute. However, this presents a problem. Blockchains don’t really have a good way...

my-digital-money-polkadot

Introduction to Polkadot

Polkadot is often called Ethereum killer and that’s probably why it’s so hot right now.  A lot of savvy digital-asset investors are hedging their bets, buying tokens associated with upstart...

my-digital-money-hot-wallet

Hot Wallets vs. Cold Wallets – Understanding The Differences

When cryptocurrencies are purchased, they are typically held in what is known as a “wallet”.  Depending on the investor’s background and experience, they will have a few options for what...

bitcoin-sv-for-dummies-mdm

Bitcoin SV For Dummies

Bitcoin SV stands for Bitcoin Satoshi Vision. It is a breakoff of Bitcoin Cash, a diehard “cult following” of Craig Wright.  Craig Wright claims to be Satoshi Nakamoto, the true...

my-digital-money-what-are-stablecoins

Stablecoins: What Are They, and How Do They Work?

With new cryptocurrencies and blockchain assets being minted daily, keeping tabs on them all is virtually impossible. Still, most of them have similar characteristics other than the name itself: they...