BTCBAM

BTCBAM QUICK STATS: What is BTCBAM? With the goal of becoming the first coin that is used as collateral to provide investment capital to investors and entrepreneurs through Spektral Bank Investment Bank, BTCBAM’s vision is to create a platform that allows anyone to earn through mining.  BTCBAM is a Vienna-based cryptocurrency mining company that managed to secure a partnership with a bank that acquired 25% shares of BTCBAM. According to the company’s Whitepaper, a total of 21 million coins will be produced and distributed among its users.  Based on SHA-256…

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What You Need to Know About Gas Fees

What is gas? Gas is a transaction fee paid by users to compensate for the computing energy required to process and validate transactions on the Ethereum blockchain. There are two main components: Gas Price and Gas Limit. Gas Price – The price per unit of gas is denoted in small fractions of the cryptocurrency Ethereum, called GWEI. GWEI is equivalent to ETH in the way that a penny is equivalent to the dollar; it is the smallest denomination of the currency.  Gas Limit – Gas limit refers to the maximum…

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