Mining

“Mining” refers to a way of earning cryptocurrencies. A lot of cryptocurrencies are mined by solving complex algorithms and math problems, and “miners” are rewarded for solving them in tokens. However, it’s unknown how long mining will be considered a sustainable practice for two reasons; first, miner rewards for Bitcoin have dropped 50 percent every year; and, second, bitcoin mining requires the solving of complex math problems, which in turns means a lot of electricity-eating computer computations.

[UPDATE: Possible Scam] – Endothermic Mining Rigs Unveiled By Luxembourg Startup

UPDATE: After receiving some feedback from our readers, we found significant evidence that the OnMiners company is likely a scam. We will have more...

Businesses Increasingly See Crypto Mining Attacks in Cloud Infrastructures

Crypto mining is one of the most observed objectives for attacking businesses’ cloud infrastructures, according to U.S. telecoms firm AT&T Go to Source Author: Cointelegraph By...

Monero’s Hashrate Plunges 85% After ASICs Fork

Monero’s hashrate has fallen (pictured) to just 144 Mhash per second from close to 1,000 Mhash/s after the network hardforked this Saturday. The fork...

BitMax.io (BTMX.io) Introduces Innovative Reverse-Mining to Incentivize Trading and Bolsters Exchange Liquidity

BitMax.io (BTMX.io) is a global operator of innovative digital asset trading platform with a broad range of products and services for global retail and institutional...

Revenues on the Mend: Bitcoin Miners’ Gross Margins Grew 39% in February

Mining operations that process SHA-256 coins like BTC and BCH saw revenues slashed due to the bear market lows at the end of 2018....

Press Release: BitDeer Launches New Mining Plans for BCH, LTC and ETH

SINGAPORE – BitDeer.com, the leading computing power-sharing platform is now supporting mining for BCH, LTC, and ETH. Users now have a variety of mining...

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