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High above the mundane operations on the ground, where physical equipment hums and hard drives spin tirelessly, a digital revolution is reshaping the mining of cryptocurrencies.

Since January 9th, 2009, when the Genesis Block went live, the global blockchain industry has been developing for 13 years so far.

The cryptocurrency market has blossomed in the past few months as Bitcoin hit an all-time high of $61,000, which has in turn increased the demand to mine these digital assets. However, crypto mining remains way out of reach to most investors due to the cost of mining equipment and electricity costs.

The United States mining pools are building their capacity to defeat China's hegemony in cryptocurrency mining.

Whenever bitcoin mining is mentioned, it is normal for the mind to drift towards pickaxes, and getting oneself messed up with dirt while striking it big. Such thoughts aren’t far fetched from the actual meaning of bitcoin mining.

It has become very competitive and expensive to mine Bitcoin than Ever. The BTC mining difficulty has hit a new record high at about 7.93 trillion. The figure represents a 7% increase from the previous number of 7.45 trillion. Bitcoin adjusts its difficulty after every 2,016 which is about 2 weeks.

2018 is a tough year for global investors. It seems that all the investment projects have gone wrong: collapse of P2P, sluggish securities market, low gold prices, and plummeting earnings of US debt and bank financial products.

Cloud Mining Report, a website that offers unbiased cloud mining reviews and information about legitimate mining services is pleased to announce its relaunch under new ownership.

One of the world’s leading hashpower provider for cryptocurrency cloud mining, Genesis Mining, announced a Black Friday and Cyber Monday for its customers.