Showing posts with label mining. Show all posts
Showing posts with label mining. Show all posts

March 18, 2019

Mining is everything: how else can you make a profit from your video cards?

Do not rush to disconnect your old farm from the outlets - they can still be put into a useful and profitable direction. Yes, mining on the GPU really was not as profitable as before. Major video card manufacturers also suffered losses from the cryptocurrency bear market. However, the demand for farm owners does not seem to go anywhere, because now gamers need them.


March 14, 2019

Solar energy reduces mining costs of Bitcoin by 75%


Market conditions and energy costs significantly reduced the profitability of cryptocurrency mining. As a result, large and small miners are forced to turn to renewable energy to reduce the operating costs of mining.

March 12, 2019

Positive Technologies: hackers began to use viruses for mining two times less.


The number of cases of cyber attacks using miner viruses has almost halved in 2018. In the first months of the year, such attacks accounted for 27% of the total number of cybercrimes, at the end of the year this figure dropped to 13%.

Media: The mining company Canaan has attracted "hundreds of millions of dollars" investment


Canaan Creative, a major Chinese mining equipment company, has completed a new round of fundraising, CoinDesk reports, citing local media. According to them, the company attracted "several hundred million dollars", with which its capitalization exceeded $ 1 billion.

Sparkpool returned to the sender a transaction with a commission of $ 300,000 in Ethereum half the amount.


The Sparkpool mining pool reported that it was able to verify the sender of the Ethereum transaction with an unusually high commission and returned half of the erroneously sent funds to it. This writes CoinDesk.

March 11, 2019

How did Ethereum mining change after Constantinople: “bomb complexity” and hash rate.

On March 1, after a significant delay, the long-awaited update of the ethereum called Constantinople was launched, which, in addition to improving the mining efficiency of Ethereum, also reduced the reward for blocks from 3 to 2 ethers (ETH).

March 5, 2019

Revenues from bitcoin mining are gradually increasing.


Diar statistics confirmed that Bitcoin (BTC) mining revenues began to rise after falling to its lowest level in 18 months.

March 4, 2019

M1, a smartphone that pays you in ETN.


With the advent of a cryptocurrency wallet in the latest Samsung model, namely the S10, just a few days ago, the British digital payment company Electroneum introduced its M1 smartphone, which allows the user to mine cryptocurrency (ETN).

Hackers switched to hidden mining.


Analysis of the activities of hackers by specialists from IBM X-Force showed that in 2018, hackers gave more preference to hidden mining. The growing popularity of this type of cyber threat was 450% from the beginning to the end of 2018.

March 1, 2019

Coinhive - mining service Monero - did not survive the crypto-winter.


Another company did not survive the crypto-winter. Coinhive representatives announced the termination of work.

A bitcoin mining operator from China announced that miners had a second wind.


Chinese miner Xu Feng, who owns several bitcoin farms in Sichuan, says many of his colleagues are ready to start working again.

February 28, 2019

Miners earn millions of dollars without processing transactions.



Miners who are engaged in the extraction of various cryptocurrencies, were able to earn millions of dollars without processing transactions. That is, they made a profit, actually doing nothing.

Browser mining service Coinhive will stop work on March 8.

Coinhive, which provides website owners with the opportunity to extract Monero at the expense of visitors, will end on March 8. This is reported in the company's blog.


“We have been working hard on this project for the past 18 months, but, to be honest, it is no longer economically viable,” - the company representatives say.

February 26, 2019

Japanese company Kyocera uses blockchain in green energy.

The Japanese technology company Kyocera uses the blockchain to test the sale of electricity in a solar power plant (VPP).


According to Kyocera, VPP will be installed with its own solar modules and batteries with the participation of LO3 Energy, an American startup focused on building blockchain-based “smart grids” for energy trading.

February 25, 2019

What happens when all 21 million bitcoins are mined?

Only 21 million bitcoins can be mined. Find out what happens when all bitcoins are mined.


Bitcoin remains a popular cryptocurrency even today, and a large number of investors use it as their cash machine all over the world. However, due to its deflationary nature, a coin can be mined only in limited quantities.

How long does bitcoin mining take?

After reading this article, you will find out how long it will take to mine one BTC with other equipment.

After being fascinated by the bitcoins that swept the whole world in December 2017, many became interested in crypto mining as a potential source of income. However, the harsh truth is that Bitcoin mining has become extremely competitive these days, so the vast majority of newbies feel that they have already missed the boat. In 2011, an extremely low level of complexity would allow you to mine one BTC per day on your regular PC, but now you have to use specially designed mining chips ASIC. The question is, how long will it take to mine bitcoins in 2018?

The best bitcoin mining equipment in 2019: preparing for the powerful miners of ASIC.

Instead of a parrot about the death of crypto-mining, U.Today takes an optimistic approach, considering the best mining equipment for bitcoins in 2019.

The demand for bitcoin mining equipment declined significantly in 2018 due to market problems, but this does not mean that the multi-billion dollar industry is dead. Thus, U.Today takes a closer look at the most popular ASIC miners on the market as of January 2018.