Cryptocurrency Mining is used to generate minable cryptocurrencies like Bitcoin, Ethereum, etc. Mining requires immense energy and manpower to solve complex algorithms. People who set up systems to perform mining activity are called miners. Miners are rewarded with some share of the cryptocurrency on successfully mining a block.
Related Links: Cryptocurrency Mining Calculator
Following a public hearing - Ant Creek, a company involving Bitmain Co-founder Jihan Wu, has now been allowed to lease 10 acres of land - and eventually buy it to set up their mining operations.
Samsung has reportedly confirmed to be developing ASIC chips for Halong Mining. Bitmain's unchallenged run in the cryptocurrency mining markets finally comes to an end.
Canadian cryptocurrency mining firm HyperBlock acquired CryptoGlobal in a $106 Million CAD deal which is all set to complete by May 2018, following the deal, CryptoGlobal will operate as a part of HyperBlock.
Three "unauthorized" mining sites are ordered to shut down following a safety risk in Washington State - a popular location for bitcoin miners. These sites are located in Wenatchee, Malaga, and Chelan and were "using enough power...
Cryptocurrency mining may seem like an attractive investment opportunity - but it comes with a large number of risks of its own. Here is a closer look at the various risks, as well as tips on how to stay safe!
Antminer E3 is the first ever ASIC miner for Ethereum. The Ethash algorithm was considered to be 'ASIC resistant' in the past - but a miner has finally arrived!
While Cryptocurrency related Ads and Promotions were banned by Google Adwords, now Chrome Web Store also follow the same path. Initially, extensions not adhering to this rule were rejected or removed from the Google Extension Stor...
Korean News Agency recently reported an arrest of 14 people from thirteen companies for illegal use of cheap electricity for mining. They consumed power from industrial complexes to mine cryptocurrencies.
A patent filed by Intel talks about a cryptocurrency mining accelerator, which will help bring down the cost of cryptocurrency mining by as much as 35%
Bitmain has reportedly developed an ASIC Miner for Ethereum which is all set to come out in Q2 of 2018. At least three more companies are working on similar devices!
Crypto Lending: Understanding the Risks of Borrowing to Buy Crypto
The Importance of Crypto Exchange Platforms
Russia Will Not Ban Cryptocurrencies, Says The Deputy Finance Minister
MoneyGram Partners With Circle To Enable USDC Cross-Border Stablecoin Transactions on Stellar (XLM) Blockchain
Congressman Introduces Bill to Protect Developers Who Fundraise Using Tokens
FTX Denies Super PAC Rumors as Regulatory Issues Heat Up
Independent Auditing Firm Confirms Tether's USDT Reserves Are Fully Backed
Subscribe to newsletter
P.S. We never spam!
