How Mining works
Cryptocurrency is based on blockchain technology: all transactions in the system are publicly available, and the base itself consists of separate blocks of transactions. Each...
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Mining
Miners play a crucial role in any cryptocurrency system as they are responsible for grouping unconfirmed transactions into new blocks and adding them to the global ledger (the 'blockchain'). They provide the necessary computing power to secure a blockchain by computing vast numbers of hashes to find a valid block. Each valid block added by a miner to the blockchain generates a reward for the miner and makes it more difcult for an attacker to reorganise the ledger and double-spend already confirmed transactions.
ViaBTC partners with Zionodes to improve bitcoin mining services
Zionodes, a bitcoin mining marketplace recently announced its strategic partnership with the mining service provider, ViaBTC. The Zionodes platform offers a decentralized marketplace that aggregates...
Read moreMining platform NiceHash adds Banxa for crypto buy/sell option
Banxa, a crypto payment service, has announced its successful integration with crypto mining and trading platform, NiceHash. Banxa will provide NiceHash users with a new...
Read moreBlockstream and Macquarie team up to develop green Bitcoin mining facilities
Blockstream, a Bitcoin infrastructure services company, today announced a new partnership with financial services giant Macquarie to develop and manage zero-emission Bitcoin mining facilities. The...
Read moreCanaan sets up bitcoin mining business in Kazakhstan
Canaan, a provider of supercomputing solutions and producer of one of the world’s first ASIC-powered bitcoin mining machine's in 2013 is delivering on their 2021...
Read moreMeet Eyal Avramovich’s MineBest
Mining is the backbone of the crypto industry. It is the heart of the entire process and the engine that drives the blockchain so it...
Read moreBraiins launches Braiins OS+ bitcoin mining farm management solution to the public
Braiins, a bitcoin mining software company, today has announced the public availability and launch of its brand new mining farm management solution, Braiins OS+. Offered...
Read moreWhat about Dual Mining in 2021?
Year by year profitability of GPU mining is beginning to decline. Competitiveness is growing as well as computational capacity. Regular halving and lower reward per...
Read moreBitcoin mining: How is it profitable in 2021
With the unprecedented toll that pandemic had on currencies of the world, there was Bitcoin that had faith in the people during the testing times....
Read moreSign up and get free $30 coupon with Nhash Cloud Mining services
Bitcoin is regarded as the leading cryptocurrency and is seen by many as the most profitable. Many companies have begun accumulating bitcoin, with Tesla recently...
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