In the world of cryptocurrency mining, profitability is often very difficult to achieve. Not just because it is so difficult to find anything profitable to mine, but also because of the falling prices. Bitcoin’s recent drop has caused an interesting shift in terms of SHA-256 profitability, although it seems evident […]
Tag: mining
4 Bitcoin Mining Hardware Manufacturers Competing For the Industry’s Top Spot
Cryptocurrency mining manufacturers are vying for the top spot in the industry. Even though Bitmain remains the market leader, a fair few other companies are making inroads. The following companies, ranked in reverse order of market traction, are currently active in the world of commercialized Bitcoin ASIC mining. One can […]
24 Things About Bitcoin You Might Not Have Known
Even though Bitcoin is nearing its tenth birthday, a lot of people remain in the dark about the world’s leading cryptocurrency. That is rather worrisome, although there are helpful infographics to offer a quick recap of important facts. There is a lot more to Bitcoin than meets the eye. The […]
Top 4 Ethereum Proposals Potentially Affecting Mining Rewards
A lot of changes are coming to Ethereum in the coming years. Addressing scalability concerns is only part of the equation, as there are still some changes to be made to the current ETH emission schedule. Four new proposals will be discussed later this week, although all of them have […]
The 2018 Year of Cryptocurrency Challenge – Week 26
At the beginning of 2018, I wrote an article outlining a New Year’s resolution that I thought could help boost cryptocurrency adoption and awareness in 2018, as long as enough people were doing it. Last week was the twenty-fifth installment of my challenge. This week was fairly boring, but I […]
What Is Honeyminer?
GPU mining for Bitcoin is back – kind of. A new mining client and pool promises to help onboard new users to cryptocurrency by allowing them to mine effortlessly and receive small amounts of Bitcoin for their computational efforts. Honeyminer is attempting to enable non-techies who lack the specific hardware […]
Should Bitcoin Switch to the Proposed PoWx Solution?
Bitcoin’s proof-of-work mining algorithm has sparked a few debates over the past few months. It is considered to be a huge waste of electricity and a borderline environmental disaster. A new proposal has been put forward under the PoWx banner. It is a very different take on cryptocurrency mining, albeit […]
Zcash Community Isn’t Interested in Remaining ASIC-Resistant
Shaping the future of a cryptocurrency is not an easy process. In the case of Zcash, there has been a recent community voting process which displayed some interesting results. A new proof-of-work algorithm will be introduced, and there is no real desire to remain ASIC-resistant. The Future of Zcash Looks […]
US Congresspeople Who Own Cryptos Will Have to Identify Themselves
The time to take a stand on cryptos for US House members has come. Those who have bashed cryptos in public but have secretly been investing in them will now be outed, thanks to a new memo issued by the House Ethics Committee. The committee announced that it had decided […]
What Is 21e8?
If you’ve spent much time on crypto Twitter within the past couple of days, you may have seen some discussion and even hysteria regarding a recently-mined block. Block #528249’s six leading characters were “21e800”, a phrase that has grabbed the attention of conspiracists and curious individuals throughout the cryptocurrency space. […]
Missoula County in Montana Delays Decision on Bitcoin Mining Moratorium
Following two hours of intense and well-balanced debate on whether a proposed temporary ban on Bitcoin mining should be upheld or revoked, the Missoula County Commission postponed making a decision until August. The commission had invited the public’s participation in the debate, and as The Missoulian reported, the gathered crowd […]
Equihash Cryptocurrencies Face Future Attacks by ASIC Miners: Study
A lot of research has been conducted regarding the future of cryptocurrency mining. Not all of these findings are overly positive. In the case of currencies using the Equihash algorithm, it seems a large amount of the combined hashrate is provided by ASIC hardware. It’s a worrisome development which could […]
Amazon Fire TV Devices Have Their Own Dedicated Crypto Mining Malware
Malicious cryptocurrency mining applications take many different forms these days. While they’re mainly targeted at Windows and mobile users, it seems a new virus is making the rounds. This particular malware is problematic, as it targets Amazon Fire TV devices, which is a rather unusual development. Amazon Fire TV Devices […]