Bitcoin in Layman’s Terms

bitcoin

Bitcoin can seem a little daunting if you attempt to understand it. So we will explain bitcoin in layman’s terms.  For the average person, trying to make sense of the Bitcoin whitepaper isn’t easy, and isn’t even necessary. Some say it’s just as difficult, and at times worrying, to use as to understand, but for … Read more

China’s Stance on Bitcoin Mining

China (like other countries) and Bitcoin have had what can only be described as a tempestuous relationship. Well, the Chinese government is the erratic one, because Bitcoin doesn’t do emotions. China is the main region of the world for mining, and no doubt brings in a lot of revenue. However, the Chinese government has always … Read more

ProgPow algorithm upgrade looking likely

A top-level meeting with Ethereum core developers last week ended with a full agreement for the Ethereum blockchain to upgrade to the ProgPow algorithm. Followed ultimately by a move away from professional and centralized mining. Discussions among the ETH dev community about a possible migration onto ProgPow have been ongoing for a couple of years. … Read more

Ethereum implements ProgPoW

ethereum progpow

Ethereum core developers are moving forward with ProgPoW, an update for making Ether mining more ASIC resistant. The hardfork is tentatively scheduled for July. Ethereum core developers, once again, came to consensus on implementing ProgPoW. The hardfork is scheduled to happen three weeks after EIP-1962, a non-contentious update that will add additional cryptographic functions to … Read more

Best Mining GPU Cards for 2020

mining gpu

Invest in one of the best mining GPU 2020, if you’re thinking about delving into cryptocurrency mining. Cryptocurrency may not be as popular as it used to be, but that doesn’t mean it’s dead. Bitcoin, Ethereum and other crypto coins are still flowing, while others are booming, which means that there’s still a demand for … Read more

5 cryptos to mine at home

crypto to mine

When Satoshi Nakamoto first introduced Bitcoin, it was possible for people to mine bitcoins using laptops and desktops. Original bitcoin miners used standard multi-core CPU. The difficulty of mining was very low. In fact, if you had a couple of computers lying around with decent specs, you could have earned around $5 a day. Then, … Read more

Texas Bitcoin mining industry hq

The Bitcoin mining industry has never been more bullish. Until now the majority of mining has been centred in China, but is that about to change? Is Texas set to become the new HQ for the Bitcoin mining industry? Even before the Coronavirus outbreak Bitcoin mining firms announced major plans for new mining farms in … Read more

What is the best altcoin to mine

mining crypto

Hello and welcome to this guide to the best coin to mine. First things first, I must point out that cryptocurrency mining is a huge topic and to understand it fully would take a much longer article than this one. That said, I’m hoping that this will serve as the perfect introduction to the topic. … Read more

What is Cryptocurrency Mining?

what is crypto mining

Cryptocurrency mining is a vital part in the validation and processing of transactions within a proof-of-work (PoW) consensus protocol, blockchain network. Not all PoW are the same, but essentially, miners use their computing power to solve cryptographic computational equations. This is with the intention of securing the network and earning a reward for their work. … Read more