Materials by tag Mining

Aug 15, 2019 at 10:50
Take Part in Decentralized Diamond Mining: iCoin IEO in Progress
Diamonds are one of the most expensive gemstones in the world. Formed from the same coal we use to warm our homes, millions of years of heat and pressure underground moulds them into the crystal we see today. Diamonds have multiple uses, traditionally symbolizing one’s commitment to another in marriage, and in modern times as an ultra-hard cutting edge of a scalpel.
Aug 13, 2019 at 13:44
iCoin International Fuses Decentralized Tech with AI to Disrupt Diamond Mining
A whole new economy is in the works for the diamond mining industry as blockchain-based international platform iCoin has recently announced a new initiative to fuse decentralized technology with artificial intelligence to benefit the growth of the sector.
Aug 11, 2019 at 10:38
Difference Between Cloud Mining and Pools
Cloud mining provides an established system to mine a digital asset like Bitcoin, Ethereum, Ripple, etc. without installing all the hardware and other necessary equipment. There are some firms which enable people to create accounts with them and go ahead to take part in the practice of mining for a simple cost. The practice enables the process to be globally accessible by massive participants. There are so far 3 models including hosted, virtual host and leased hashing power.
Aug 07, 2019 at 12:24
3 Major Ways to Earn Money While Investing in Cryptocurrency
Cryptocurrency gets more widespread as the days go by. Unlike traditional financial systems, cryptocurrencies offer better security and transaction speeds. More importantly, however, you can make some money using them as well. Here, we shall review the 3 major ways of making money in cryptocurrencies.
Jul 31, 2019 at 10:52
Bitcoin is on the Verge of Becoming Centralized
Today, Bitcoin mining activity seems to be a hurdle for most anonymous participants due to the massive competition originating from the giant pools. So far, some of the biggest miners we have in the industry include BTC.com, F2Pool, AntPool, BTC.TOP, Poolin, Huibi.pool, SlushPool, ViaBTC and many others. However, the largest share of about 40% is currently taken by only three companies, of which two of these (BTC.com and Antpool) are managed by one company (Bitmain). This has brought a lot of queries in the blockchain and digital asset industry and has left people thinking that the flagship crypto is on the brink of becoming a centralized cryptocurrency.
Jul 27, 2019 at 12:04
Is it Profitable to Mine Bitcoin in 2019?
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.
Jul 14, 2019 at 14:48
Chinese Police Have Confiscated Illegal Mining Devices
Police detectives in the Chinese City of Zhenjiang recently confiscated about 4,000 bitcoin mining computers. According to the police, the miners illegally connected their mining machine to the Electricity grid. Further report indicates that electricity worth more than $3m was illegally used for mining.
Jul 09, 2019 at 10:36
"TerraCrypto Part III. Thaw: Where do we Grow?"
On July 25, 2019 in Moscow the III international forum on cryptocurrency mining of TerraCrypto will take place.
Jul 03, 2019 at 09:55
Cloud Mining with CryptoUniverse
As bitcoin price surged above $11,000, hitting its highest level since March 5, 2018, it’s probably time to realize the inevitability of digital currency. The best way to get it is obviously to extract it. Unfortunately, at this point of market development, traditional mining requires considerable expenditures in order to be profitable, thus losing its attractiveness for the regular user. In the meantime, cloud mining steps onto the scene to propose convenient and secure methods of obtaining the same value while making minimum efforts.
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