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Bitcoin History Part 13: The First Mining Pool

May 19th, 2019|

The notion that anyone could solo mine bitcoin – on a CPU no less – seems positively quaint today. But in 2010, this method wasn’t just possible – it was the norm. With an exponentially

Crypto Spring Brings Strong Profits to Next-Generation and Older Mining Rigs

May 16th, 2019|

Over the last few weeks, cryptocurrency markets have been on a tear accumulating considerable gains following the notorious ‘crypto winter.’ Since the recent price hike this spring, mining digital assets with next-generation miners has allowed

Bitcoin is Dominating Crypto Taking Over 90% of All Mining Fees

May 13th, 2019|

When considering Bitcoin dominance in terms of market cap and trading volume, spare a thought for the poor miners. The miners of other altcoins, that is, as they share under 10% of the total fees

Québec Allocates 300 MW Energy Quota for Crypto Mining

May 5th, 2019|

Québec, the resource-rich Canadian province, has made up its mind about cryptocurrency mining. Régie de l’énergie, the region’s energy regulator, has rendered its decision on the blockchain sector and lifted the moratorium on electricity supplies.

Bitcoin Network Hash Rate Climbs to 6-Month High

May 3rd, 2019|

The Bitcoin hash rate has climbed to its highest level since late October 2018 as the BTC spot price looks to break $5,800. Bitcoin Hash Rate Reaches 4th-Highest-Ever Level Data from Blockchain.com currently shows the

Square Cash Bitcoin Sales Will Overtake Mining Rate After 2020

May 2nd, 2019|

Square’s Cash app reported record Bitcoin revenue once again, in its Q1 2019 earnings report. If growth continues at this rate, there could soon be 2 BTC bought on Square Cash for each one mined. Record

Bitmain Aims to Leapfrog Competition With Its Next-Gen Bitcoin Miner

April 29th, 2019|

On April 28, the China-based mining rig manufacturer Bitmain Technologies announced the launch of its latest Antminer T17 model which processes roughly 40 terahashes per second (TH/s). The machine delivers better power efficiency with 55

How to Start Cloud Mining Bitcoin Cash

April 28th, 2019|

You might have contemplated getting into cryptocurrency mining but are concerned that you don’t have the technical skills, time or money to invest in the field. Cloud mining eliminates these problems and lets you benefit

Why Moving to Texas Could Give Bitcoin Miners Maximum Profit

April 23rd, 2019|

Flaring, a common practice of burning off natural gas that can’t be efficiently captured and stored has reportedly reached record levels in the state of Texas. Let’s look at why Bitcoin mining would be the

Will Belarus Be the First Country With Nuclear-Powered Bitcoin Mining?

April 22nd, 2019|

Cryptocurrency mining has lost some of its profitability during the prolonged bear market of the past year. However, not all investors are short-sighted. Belarus, for example, is not giving up on its intentions to develop

Bitcoin Maintains Uptrend as Key Indicator Shows a Big Move is Imminent

April 22nd, 2019|

Bitcoin price bulls are working to maintain the daily uptrend and volume falters over the holiday weekend. Meanwhile, the long-to-shorts ratio has reached a decisive moment. Is a Bitcoin breakout imminent? Bitcoin Price: Market Overview Over