Bitcoin Mining Activities Skyrocket in Texas
While the heavy power consumption by the Bitcoin network has been a matter of concern for many governments around the world, Texas is reportedly witnessing a boom in bitcoin mining…
Bitcoin energy use in Iceland set to overtake homes, says local firm
Iceland is facing an “exponential” rise in Bitcoin mining that is gobbling up power resources, a spokesman for Icelandic energy firm HS Orka has said. This year, electricity use at…
Mining Fees: An Overview & Fee Calculations
There’s always a cost to doing business. And that includes mining cryptocurrencies like Bitcoin — a cost often expressed as a trading fee, a transaction fee, or a “mining fee.”…
Cloud Mining: What is Bitcoin Cloud Mining?
Cloud mining is a way to mine cryptocurrencies like Bitcoin and Ethereum without investing in expensive, energy-intensive computer hardware and software. This article will explain the need for Bitcoin cloud…
Bitcoin Mining Software: How to Choose the Right One
To mine Bitcoin, a number of things are required. Miners need: • Mining hardware: Application Specific Integrated Circuits (ASICs) or Graphic Processing Units (GPUs) • Bitcoin mining software • A…
What is a hash rate?
Explanation The mining hash rate is a crucial security metric. The more hashing (computing) power in the network, the greater it is security and overall resistance to attack. Although Bitcoin’s…
How is Bitcoin Valued?
As a decentralized digital currency, Bitcoin is valued primarily on supply and demand on the exchanges where it’s bought and sold. But other variables come into play, driving up the…
What is Solana (SOL) Pay, and how does it work?
Solana Pay is an open protocol developers can develop and customize with standardized payment criteria. What is Solana? Solana was founded in 2017 by Anatoly Yakovenko, a software developer with…
Trick or Treat – Crypto Halloween!
The shake-up after the merge has undoubtedly changed the proof of work of crypto in mining. Not forever, but it has changed the landscape for sure. These pictures are new…
Breaking up with ETH before the “Merge”
Where do we go from here after the ETH Merge? So, I put considerable effort and funds into GPU mining before “The Merge” was understood and how it impacted crypto…