Transnistria Could Become the Next Major Bitcoin Mining Hub
Bitcoin is an interesting contraption which is both loved and hated all over the world. There is no better example of this love-hate relationship than in the case of …
Tag: bitcoin mining
How Bitcoin Scaling Conflict Can be Resolved Between Developers and Miners
July 6, 2017
Bitcoin
As the bitcoin industry and market continue to expand at an exponential rate, the community is expecting the activation of a viable scaling solution to address this growth. The Bitcoin …
Will Mining Cryptocurrency in the Desert Using Solar Power Make You Rich?
Mining Bitcoin or any other cryptocurrency is not necessarily profitable. It all comes down to having good internet, cheap electricity, and a colder climate to keep hardware cool. In …
FPGA vs ASIC Mining
April 20, 2017
Comparison, Reviews
The bitcoin mining ecosystem has undergone some massive changes over the past eight years. During the initial stage of bitcoin mining, using a computer’s processor was more than sufficient. …
Two Dutch Brothers Facing Charges for Bitcoin Mining with Stolen Power
September 22, 2016
Crypto, Finance, News, Technology
Two brothers from the Netherlands are facing prison time for using stolen power to run a bitcoin mining operation. Prosecutors in the Netherlands say the computers were used to …
Hydroelectric Plants Connected To Public Internet Are A Concern For Bitcoin Mining Companies
More and more cryptocurrency mining initiatives are focusing their attention on using hydroelectric power. However, several of these plants around the world are connected to the public Internet. Anyone …
John McAfee’s MGT Will Launch 2 PH/s Bitcoin Mining Operation
Many companies have shown an interest in Bitcoin mining, albeit setting up an operation requires a lot of time, money, and careful planning. MGT Capital Investments will run their …
One More Mining Difficulty Adjustment Before The Bitcoin Halving
The Bitcoin halving is drawing ever closer, and the community is getting excited. This is only the second time the Bitcoin block reward will be cut in half, and …
Bitbank Seeks $1.57M to Build Bitcoin Mining Facility with ‘world’s only 12nm miners’
Shenzhen-based Bitbank Group, a bitcoin hardware manufacturer and digital currency software solutions provider, is looking to raise 3500 BTC ($1.57 million) via crowdfunding for its new mining facility in …