Mining

Bitcoin (BTC), the first and largest cryptocurrency, has garnered a lot of popularity in recent times. This is because of the increased adoption of digital currencies and the spurt in the number of people who believe in the crypto space. As a result, people have been interested in holding BTC …

Mining activities in the crypto domain are of great significance. This is because of the fact that every time a new coin is mined, it is capable of changing the way the market is working if not high then by some magnitude at least. Crypto miners have always been curious …

2022 has not been that easy for the Bitcoin mining industry. The BTC mining companies have endured a lot of storms in the past year. The industry has seen surges in interest rates that had apparently raised the cost of capital. Following this, Bitcoin mining became less profitable as the …

More than 170 Android cryptocurrency mining apps that include 25 on Google Play, have been found trying to scam people by providing them crypto mining services for a certain fee but not being able to deliver anything in return. According to a study, a security firm illustrated their discovery of …

Cryptocurrency mining is the process of releasing digital currencies into a network by solving a provided set of mathematical problems. And just like any other mining industry, this industry also comes with certain cryptocurrency mining challenges. But before we go into the details of these challenges let us know some …

Digital currencies have come a long way from their ambiguous origin. While the mainstream financial sector once termed cryptocurrencies as tools for speculators and criminals, the industry has made good progress in proving itself as an authentic and world changing arena. But despite that, there are significant environmental issues that …

A new BIT Mining base is all set in Kazakhstan. BIT Mining Limited on Wednesday announced that they have agreed to purchase 2,500 BTC (Bitcoin) mining materials for $6.6 million. The company has already equipped 3,819 Bitcoin miners in the Kazakhstan data centers with more than 4,003 approaches. The addition …

Cloud mining is the process of digital currency mining that uses a remote center of data with shared processing power. Cloud mining allows users to mine Bitcoin or other digital currency with the requirement to manage the hardware. The mining rigs are housed in a condition that is owned by …

There is no secret about the fact that digital currency mining has huge carbon footprints. The process needs troops of computers that are always hungry for electricity and that operate round the clock in order to unlock new coins by solving complex mathematical problems. Because these problems become complex with …

Despite the profit that you earn from Bitcoin mining, the cost of hardware used for Bitcoin mining can be a burden for your bank account. So it is very important to pick the right Bitcoin mining hardware so get an effective profit.  How Does Bitcoin Mining Work? Bitcoin mining is …