Tag: mining

Ethereum Mining

School Employees in China Caught Stealing Electricity to Mine Ethereum

It is often said that the best things in life are free, however using your employer's electricity supply to mine cryptocurrencies is never a good idea. According to Chinese publication...

/ November 10, 2018 / 0 Comments
Bitfury

Bitcoin Mining Company Bitfury Raises $80mln USD in Closed Funding Round

Despite the ongoing weakness in the crypto sector, Bitfury just raised $80 million USD. According to a recent press release, the crypto mining infrastructure company was able to get investors...

/ November 7, 2018 / 0 Comments
Ethereum Miners

Ether Miners Are All Losing Money, According to Recent Statistics

According to recent data, the mining profitability of Ether has dropped to such a point that most miners are likely losing money. In other words, the cost of running mining...

/ October 29, 2018 / 1 Comment
Hut 8 Mining

Canadian City Plans to Cut Bitcoin Mining Power Supply to Keep Citizens Cool

Amid fear of environmental hazards resulting from the huge energy demands of cryptocurrency mining, indications are beginning to point toward the imminent closure of the largest mining farm in Medicine...

/ September 26, 2018 / 0 Comments
Hashflare

Hashflare Cancels All Bitcoin Mining Contracts: Community Cries Foul

Just two days after suddenly making demands for all customers identity documents, the company known as Hashflare has released an email hours ago titled "[IMPORTANT] End of Mining Service of...

/ July 22, 2018 / 13 Comments
Japan Crypto Mining

Japan Attracts Cryptocurrency Miners Seeking Cheap Electricity Costs

Completing cryptographic problems on the blockchain grows in complexity by the day, necessitating the development of high-tech miners .  Still, one or two computers are not enough to complete profitable...

/ July 6, 2018 / 0 Comments
Bitcoin Mining Software

Best Bitcoin Mining Software: An In-Depth Look at the Top Choices

Bitcoin is the most well-known cryptocurrency and also the oldest, in the early days it was completely possible to mine it using your home computer and there were many early...

/ July 4, 2018 / 2 Comments
What is Nakamoto Consensus

What is Nakamoto Consensus? Complete Beginner’s Guide

Consensus algorithms are paramount to verifying the authenticity of distributed blockchain platforms and are the process of building agreement among a network of mutually distrusting participants. Created by Satoshi Nakamoto...

/ June 26, 2018 / 0 Comments
App Store Bans Mining

Apple Says No to Mobile Mining, In-App Earning

Apple has recently updated their App Store review guidelines which detail what sorts of functions, features, and app types are allowed on their App Store. The list includes new guidelines...

/ June 12, 2018 / 0 Comments
Obelisk

Obelisk Could Make Open Source ASICs, Universal ASICs to Follow?

The threat of mining centralization is a common topic. But what is the solution? So far, most answers have been either to switch to proof-of-stake, or regularly change algorithms to...

/ June 8, 2018 / 0 Comments