Feb 13, 2020 at 16:42
News
Bitcoin Mining Difficulty Factor Hits a Flat Curve as Coronavirus Rages in China
The outbreak of the new coronavirus in China has halted economic activities in the mainland which is the key producer of Bitcoin mining Hardware. As fewer mining machines are added to mine Bitcoin, the difficulty algorithm is relaxed as the competition between miners reduces. The Universal hashing power towards the Bitcoin network is somewhat constant.
Sep 06, 2019 at 13:24
News
How to Understand Bitcoin’s Hash Rate?
To succeed in the world of Bitcoin and Blockchain one needs to know a lot of relevant tech terms and their implications. Whether you are an investor, a writer, programmer or creator these terms are still essential for your basic success in the industry. The industry has a few thousands of complex terms. One of those is the Hash Rate. Luckily we shall introduce it here and explain its implications.
Aug 11, 2019 at 10:38
News
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.