[ad_1] Launched in May, the project focused on the lucrative extraction of the most popular cryptocurrencies: Bitcoin, Ethereum, Litecoin – and now Zcash has also been added to the list. It will be extracted from the last miners Antminer Z9 Equihash, released this month. 1, 2 and 5 year plans …
Read More »Rows of cryptocurrency mining companies for bankruptcy in the midst of the Bitcoin crisis
[ad_2][ad_1] Bitcoin coins (virtual currency) are seen in an illustration image taken at La Maison du Bitcoin in Paris, France, May 27, 2015. (REUTERS / Benoit Tessier) A US-based cryptocurrent mining company filed for bankruptcy due to the decline in the price of Bitcoin. On Monday, Giga Watt Inc. filed …
Read More »Bitcoin Mining takes more energy than extracting gold or platinum
[ad_1] Digital currencies, as in so-called cryptocurrencies like Bitcoin and Ethereum, may represent the future of our monetary system, but so far they have been terrible for the environment. This is the conclusion of the researchers of the Oak Ridge Institute for Science and Education (ORISE) in Cincinnati, Ohio. In …
Read More »The leading video card provider enters the cryptocurrency mining business
[ad_2][ad_1] Extraction Sapphire Technology, one of the largest suppliers of AMD-based video cards in the world, has announced that it is officially entering the cryptocurrency hardware business. The company based in Hong Kong is launching a flagship plant for the mining industry. Read also: Crypto ATM Network Coinsource expands in …
Read More »Mining company to solve the global energy problem with the extraction of cryptocurrency
[ad_2][ad_1] Chicago, ILThe blockchain technology services company in Chicago, EZ Blockchain, will solve a global energy problem, revolutionize a sector and increase the success of cryptocurrency. A global problem called gas flaring is of which few speak. Natural gas is released as a by-product of oil drilling, and in the …
Read More »Is the price of Bitcoin going to kill the bitcoin mining industry?
[ad_1] Chinese Bitcoin Mining Companies shutting down Recently F2Pool which is one of the largest bitcoin mining pools reported of shutting down 800,000 miners are selling them by the 'Kilos'.The bitcoin hashrate dropping from 61.8 million tera hashes in late Russian Miners selling their equipment despite the cheap electricity rates …
Read More »Crypto Mining Malware grows by 86% in the second quarter, with over 2.5 million new coin samples
[ad_1] The number of crypto-mining malware attacks used by hackers continued to grow, with a total number of samples growing by 86% in the second quarter of 2018, according to the latest cyber security threat report McAfee Labs released September 25th. In the report, IT security experts have declared more …
Read More »The world's largest cryptocurrency mining company to be built in Paraguay
[ad_1] The landscape in Paraguay is going to get a significant facelift. According to a press release from the Commons Foundation, the technology organization blockchain Commons Foundation (CF), Paraguay and CF have signed an agreement to build a cryptocurrency mine in the country. It will not be just another farm, …
Read More »How Ethereum Mining works – CoinRevolution.com
[ad_1] Have you ever wondered how the Ethereum extraction works? The process is not very different from the extraction of Bitcoin (read: "How Bitcoin Mining works"). Contrary to popular belief, blockchain miners are not just people who extract cryptocurrency token from the ether. Instead, miners fill the function of the …
Read More »Bitcoin (BTC) Crash causes shutdowns of mining encryption and bankruptcy
[ad_1] In 2017, Bitcoin (BTC) and cryptocurrency took center stage in the media as investors and Wall Street began to take note of digital currencies and blockchain. Many executives of major world banks have almost immediately knocked down digital currencies, as Bitcoin posed a direct threat to their existence. See, …
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