Mining

Best Bitcoin Mining Pools 2019

February 24, 2019 Bitcoin 1

Mining is a crucial part of any Proof-of-Work protocol and is integral in maintaining the decentralized, secure nature of a blockchain. Bitcoin employs a typical PoW algorithm which has miners maintaining and verifying the network, making sure that ...

How Long Does It Take To Mine a Bitcoin?

February 4, 2019 Crypto Journal

Right off the bat - you can't mine a bitcoin. You can mine a block of bitcoins. Update June 7th 2018: The Bitcoin hashrate jumped nearly 5 exahash in the last 2 weeks alone. To put that gain in perspective, it took ~8.5 years for the entire ...

Genesis Mining Review 2019 – Is it a scam? How profitable is cloud mining on Genesis?

January 1, 2019 Mining 6

“Should I invest in cloud mining?” is probably every other Bitcoin question I get. I’ve talked a lot about Bitcoin investments in the past and one of the things I always tell people who ask me about cloud mining is that I think ...

Complete Beginner’s Guide to Zcash Mining – Mine Zcash on Your PC

September 24, 2018 Crypto Journal

In the past few months, cryptocurrencies have risen exponentially and many people want in. One of the best ways to make money with cryptocurrencies is to 'mine' them. The majority of miners tend to focus their efforts on mining Bitcoins ...

The smart ways to mine bitcoin

September 14, 2018 Bitcoin

It has been accepted that bitcoin and in general, cryptocurrencies are here to stay. In fact, this new and exciting technology can be argued to be already mainstream. Now, everyone has the ability to acquire, transact and even trade cryptocurrencies ...

Taxation Considerations for Home Crypto Mining

July 26, 2018 Crypto Journal

So you have your mining rigs set up at home. They are actively hashing away and accumulating you a nice stash of cryptocurrency. However, there is one thing you need to consider... and that is taxation More particularly, how do you deal with ...

By 2025, bitcoin mining will spend more energy than all electric cars on Earth

May 9, 2018 Crypto Journal 1

A common theme amongst crypto deniers is harping on about Bitcoin’s lack of environment awareness. And their criticism isn’t exactly misplaced, as Bitcoin mining eats insane amounts of energy. The world’s supply of energy is being more and more ...

How to Mine Monero (XMR)? Beginner’s Guide

March 21, 2018 Mining

Monero (XMR) is a Proof of Work (PoW) cryptocurrency that relies on Ring Signatures in order to provide a certain degree of privacy when making a transaction. Monero was launched in April 2014 and it currently sits around the top 10 of ...

The Best Ethereum Mining Hardware – AMD and Nvidia Cards Reviewed

February 25, 2018 Mining

Cryptocurrency mining is a big buzz topic in technology these days and many people have started mining cryptocurrencies. In 2018, Ethereum smashed its long-term $400 ceiling, and reached more than $1,000, which makes it one of the most ...

Bitcoin Mining: Is it profitable?

February 15, 2018 Mining

What is Bitcoin mining? Bitcoin mining is a process for verification of transactions or payments from one user to another on a decentralized network. During the process, data of the Bitcoin transaction is added to the public ledger. The ...