Blockchain

Differences Between Bitcoin Mining Farms and Traditional Data Centers

November 7, 2022
712
Despite their similarities, Bitcoin mining farms and traditional data centers differ fundamentally in several ways. Server design. In contrast to commercial servers, which must handle various applications, mining servers are designed for a single purpose. Mining servers may operate at temperatures as high ...

What Are the Top 10 Centers for Mining Cryptocurrency?

November 7, 2022
491
Before entering this “minefield,” a brief disclaimer: We’d remain here till the next cryptocurrency halving, trying to compare BTC to mining oranges, so if your city isn’t included, we are aware. Additionally, we value your expertise. In addition to size, we also examine innovation ...

How To Mine Cryptocurrency Using A Mobile Device.

November 2, 2022
632
iOS and Android smartphones may mine cryptocurrency using solo or pooled mining services. Through a decentralized computer process called “mining,” the value of cryptocurrencies like Bitcoin BTC goes down by $20,442. Miners (people who are part of the network) do mining to keep the network safe...

Crypto miners don’t have to report to the IRS, confirms US Treasury

May 31, 2022
1289
The US Treasury said that crypto miners and wallet operators aren’t required to report their income to the IRS, and they’re working on new and appropriate regulations. In mid-November 2021, US President Joe Biden signed a $1 trillion infrastructure bill, forcing crypto market players to registe...

Wonder Kids earned $160,000 mining cryptocurrency in just seven months

May 31, 2022
1765
Since last April, these two wonder siblings of ages 14 and 9, Ishaan Thakur and his sister Aanya made $160,000 by mining cryptocurrency. The company Flifer Technologies, as they’ve dubbed it, has grown into a profitable venture. They only made $3 on the very first day. However, for seven months, thei...

Mining infrastructure is the most resilient part of crypto, and can weather stormy markets

May 23, 2022
906
As digital asset markets have gyrated wildly post TerraUSD’s collapse, it has rekindled debate about a perceived ‘crypto bubble’ and the sustainability of crypto assets generally. At its recent nadir, Bitcoin was trading just above $24,000 on May 12th – its lowest price since July 2021. We should not...

Are you aware! Top 3 cryptocurrencies that cannot be mined!

May 20, 2022
4684
You may think that all cryptos can be mined after hearing about the past success stories of Bitcoin mining. But one major piece of information you should understand is that mining is a process that can only be done if the blockchain supports it. There are cryptocurrencies out there that can’t be mined at all.

What if All Bitcoins Are Mined and No Bitcoin is Available for Mining?

April 13, 2022
1530
In the future, projected around 2140, all bitcoin will have been mined. This means that no additions to the blockchain can be made. What this means for bitcoin users is unclear but what is certain is that a lot of rules will change – including how fees work and how transactions are broadcasted. The last

The Complete Guide to Bitcoin Mining And How It Works

November 3, 2021
3401
Mining is the process by which transactions are verified and added to the public ledger, known as the blockchain. It also means generating new coins. Mining has been used as a metaphor for computer programming, because it shares some of its characteristics. The first miner who solves the puzzle, gets to pu...

Siblings aged 14 and 9 make over $30k per month mining crypto

September 16, 2021
2904
Ishaan Thakur (14) and Aanya Thakur (9) started their own cryptocurrency mining company Flifer Technologies in April. After setting up the company with the help of their father, Manish Raj, the two siblings made thousands over the summer. With their profits, they plan to reinvest in the business but also h...

Why Nhash is Leading in Generating Passive Income for Investors?

July 9, 2021
2685
As crypto mining becomes more difficult, cloud mining is now a much sought after option for investors to make passive income without having to participate directly. Nhash, the largest cloud mining company and also one of the most profitable, is leading in making this possible. This is due to some features ...

A Crypto-Mining Botnet Uses Taylor Swift’s Image To Hide Malware Files

December 20, 2019
11945
A cryptocurrency-mining botnet is affecting computers with an image of Taylor Swift to expand its malware as extensively as possible. The operators of MyKingz, contrarily identified as ‘Smominru,’ ‘DarkCloud,’ or ‘Hexmen,’ are leveraging steganography, a method that allo...

Core Scientific Launches Hosting Facility With The Help Of Blockchain

November 18, 2019
4699
Famous Artificial Intelligence and blockchain firm, Core Scientific, has launched a world-class blockchain hosting facility in Calvert City, Kentucky. As per a press release by the company on November 12, 2019, the new facility will develop a lot of high-technology and construction jobs for the masses. ...

Masternode Mining To Soon Replace Bitcoin Mining With Maccplus

October 13, 2019
30200
The rebirth of Korea’s first mining method mac coin and the pop coin is what MaccPlus (MACCP) Coin is. The experience of operating with mac coin and the pop coin has eventually led to the development of Mac Plus took place. Bitcoin mining has its disadvantages, and master node mining makes up for it. These

Words of Wisdom With Hugh Naylor Co-founder Crypto Revolution

July 27, 2018
4618
“The process of creating new Bitcoin, known as mining, uses a wildly unsustainable amount of energy. It poses a threat to the environment. But Bitcoin Green is innovating a form of mining that requires far less energy than the dominant methods. I firmly believe that Bitcoin Green is doing the kind of work ...

Who are miners? Everything You Need To Know About Miners

November 4, 2017
19864
Miners can be defined as accountants who record every transaction to the blockchain. The concept is simple, proof of payment is important if you want your payment to be valid. The miners are the ones who keep the record of your payment. Hence they are record keepers who keep the system updated on new payments
Load more posts