Bitcoin mining is far removed from the average Bitcoin owner these days, but that doesn’t change how important it is. It’s the process that helps the cryptocurrency function as intended and what continues to introduce new Bitcoins to digital wallets all over the world. Collecting cryptocurrency can be boiled down to a simple premise: “Miners,” …
Canada-based Squire Mining said on Tuesday that it had teamed up with Samsung Electronics and Goanchips to manufacture next-generation application-specific integrated circuit (ASIC) chips. After announcing its transition from physical to cryptocurrency mining, Squire revealed in August that it had engaged an “undisclosed” design fabrication firm to undertake the back-end design, testing and production of next-generation ASIC …
Iceland’s crypto industry is expected to move away from crypto mining and shift to “pure blockchain businesses.” This is according to forecasts made by a number of local industry insiders who talked to the news site Red Herring September 23. Halldór Jörgensson, chairman of Reykjavik-based Borealis Data Center, told Red Herring that demand from local crypto and blockchain facilities is “shifting more towards the pure …
Iceland Will Move From a Crypto Mining to Pure Blockchain Technology Read More »
F2Pool’s CEO recently revealed the pool will still be able to profitably mine BTC until it drops below $4,500. Through a post, the CEO revealed it’s no longer profitable for it to mine with some outdated hardware. F2Pool, one of the largest cryptocurrency mining pools in the world, has recently revealed how low cryptocurrencies can …
Mining Pool F2Pool Reveals Necessary Crypto Prices to Maintain Its Operations Profitable Read More »
If you’re looking for the best processors for cryptocurrency mining in 2018, then you’ve come to the right place, as we’ve listed the very best CPUs for mining a range of cryptocurrencies. While many people think that graphics cards are the most important component when it comes to mining, getting the right CPU for your …
Best Mining CPU 2018 2019 The Best Processors for Cryptocurrency Mining Read More »
Patrick Cines, a graduate from Penn State University, recently revealed he mined cryptocurrencies to earn a “passive” income throughout his undergraduate study program. Cines described how convenient it was to “passively” earn digital money by noting: It felt like passive income because when you’re at school, when you’re taking an exam or you’re doing your homework, you’re …
GLOBAL BLOCKCHAIN TECHNOLOGIES CORP. (TSX-V: BLOC) has announced that its subsidiary, Global Blockchain Mining Corp., has agreed to purchase 6,666 Antminer S9s from Bitmain Technologies Limited, a privately-owned multinational semiconductor company headquartered in Beijing, China, for a total purchase price of US$20,000,000. The estimated delivery of these units is March 2018. Shidan Gouran, President of GBT stated, “The …
From the NuCypher Blog: We’re very pleased to share our initial proposal for the NuCypher network’s staking economics along with a call for community feedback (paper) (spreadsheet). Nodes are compensated in both inflation (NU tokens) and fees paid by users (ETH). This proposal only attempts to address inflation compensation dynamics. Motivation Economic design is one …
Mining digital money is more prevalent than any time in recent memory. Here are some incredible workstations for portable mining. Customarily crypto mineworkers will utilize specific apparatuses or work area PCs with effective illustrations cards. Be that as it may, they’re not by any means the only way, and on account of late advances in …
In a letter to financial specialists, Google prime supporter Sergey Brin said that interest for the intense PCs used to mine ether and different cryptographic forms of money has added to a “blast of processing.” Brin composed Saturday that few variables have prompted a surge in figuring power that has seen look mammoth Google’s own …
Google Co-Founder Highlights Crypto Mining Impact Read More »
