The Bitcoin halving event is finally past us, with f2pool having the opportunity to unveil the message that shed light on the similarities of the 2008 financial crisis to the current financial climate. However, with the conclusion of mining and the way global economic events are turning out, the control of Chinese mining pools Read more…
Binance, a leading crypto exchange, announced on Monday the launch of its much-anticipated Bitcoin mining pool. The mining pool will support both PoW and PoS consensus mechanisms for mining. Dubbed Binance Pool, it will be integrated with the exchange’s ecosystem of products including spot exchange, derivatives products, lending services, and Read more…
When it comes to mining for cryptocurrency, it generally involves the use of computers powered by powerful GPUs which can automate the mining process and run 24/7. However, it seems that Microsoft has invented a new potential way of mining cryptocurrency that could potentially raise some eyebrows due to how Read more…
Vitalik Buterin, the co-founder of Ethereum, voiced a low opinion of the idea of cryptocurrency mining via mobile phones. Tweeting on April 13, Buterin said mining on mobile phones “is a fool’s game,” referring to the announcement by mobile phone manufacturer giant HTC to allow users to mine Monero (XMR) through Read more…
Crypto miners in Washington will have to pay higher rates for the electricity they use for mining. Issue comes due to the mining surge in 2017, which led to the creation of a new ‘Evolving Industries’ class. The miners filed a complaint, noting that this is no longer the situation, Read more…
Ethereum mining is a great way to better understand cryptocurrency and gain valuable technical know-how while earning consistent profits. Ethereum depends on mining or “proof-of-work,” meaning that individual users competitively contribute computing power to validate blocks and transactions. They also earn ETH in the process. Though Bitcoin originally introduced mining, it is increasingly Read more…
While, two weeks ago, it was estimated that Bitcoin (BTC) mining difficulty might drop by 16%, it just went up 5.77 % today, as more miners turned their machines on in the past two weeks. (Updated at 09:10 UTC: the second paragraph has been updated.) The mining difficulty (used as a measure for Read more…
A new crypto mining patent by software giant Microsoft could change the way people and the industry views mining operations. By using human body data instead of electrical power, it may revolutionize the crypto industry. The patent, titled “Cryptocurrency system using body activity data,” aims to reward people with cryptocurrency in Read more…
Mining news Hardware maker Bitmain says that newer mining rigs could be used for longer than previous devices due to a forthcoming market turnaround. Per media outlet 8btc, Bitmain chief Jihan Wu stated that bitcoin was about to enter “a slow-coming and long” bull market phase, meaning that “next-generation mining machines could serve Read more…
Electroneum is a simple to use mobile cryptocurrency which allows you to mine free ETN with their remote mining experience. First you need to download the application and make your registration. How to create an account in a few easy steps: Step 1: Visit https://my.electroneum.com/ 13 and click “Create an Account” Step 2: On the Create Read more…