NiceHash crypto mining marketplace

nicehash

Cryptocurrency mining is a very technical but potentially very lucrative endeavor. If you know what you’re doing, it’s fine, but if you’re new to mining Bitcoin and cryptocurrencies, you need learn fast. For the noob or novice miner, however, there might just be an answer. NiceHash is a cryptocurrency mining marketplace that simplifies the game. … Read more

PwC criticizes Bitcoin miners

mining

Bitcoin mining uses an unnecessary amount of electricity, and 98% of Bitcoin miners never win the Bitcoin block reward, so says a report compiled by PwC’s ‘Blockchain Specialist’. According to the report published in the British newspaper The Telegraph, a Bitcoin transaction uses the same amount of electricity as a typical British household does in … Read more

GPUs essential for computing

GPUs are versatile pieces of computing equipment. They’re necessary for gamers, professional videographers, and of course mining cryptocurrencies. But is mining bad for GPUs? Will mining kill a GPU card? Mining Cryptocurrencies with GPUs Mining Bitcoin and cryptocurrencies take some serious knowledge and usually require regular technical updates. Gone are the days when you could … Read more

5 Profitable Altcoins To Mine in 2020

Are there any profitable altcoins to mine? Although mining cryptocurrencies isn’t as profitable as it was in the earlier years, there is still the chance of making a profit, and with some less technical mining solutions, it can be a great way to earn a passive income, even for the beginner. Many people say Bitcoin … Read more

Top graphic cards to mine crypto

graphic cards

Can graphic cards turn a crypto mining profit? The hype cycles around cryptocurrencies are comparable in their ups and downs to the British weather. This is primarily due to high volatility, which can reduce the entire stash of a potential investor to almost nothing. Those who believe in the growth and prospects of cryptocurrencies are … Read more

Chinese influence on the Bitcoin network

bitcoin

.China is the main centre for Bitcoin mining, but how much influence does the country really have on the Bitcoin network? According to Ripple CEO, Brad Garlinghouse, ‘There are 4 miners in China that represent 60%+ of mining capacity’ for Bitcoin. A slight oversight there, because it’s not 4 miners, it’s 4 distributed mining pools. … Read more

Bitmain and MicroBt launch new machines

Two of the biggest suppliers of bitcoin mining machines are racing to roll out the latest top of the range machines with Bitcoin halving just a few months away. Mining giant Bitmain, headquartered in Beijing, launched its new AntMiner S19 and S19 Pro models on Thursday. Featuring computing power of up to 11  terahashes per … Read more

Bitcoin miners prepare for halving

miners preparing

With block rewards decreasing due to the Bitcoin halving and the Bitcoin network and hashrate growing, it’s an important time for Bitcoin miners and mining pools. As competition for the Bitcoin block reward grows it gets more difficult to win it. Therefore, it’s important that miners get ready and upgrade their systems in preparation for … Read more

Is USB mining the future of mining Bitcoin?

USB mining

USB Mining of Bitcoin and other cryptocurrencies can be expensive and confusing at first. In fact, many question the profitability of Bitcoin mining. Is there another way of mining Bitcoin? USB mining lowers the barrier to entry for solo miners and makes it relatively easy to do. But can it compete for Bitcoin hash rate … Read more