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Why mining rewards are being halved

Why mining rewards are being halved

On the 5th of August, 2019, the mining rewards for Litecoin miners were halved. In 2020 Bitcoin miners will face the same fate. For cryptocurrency miners this might sound like bad news but a halving actually happens for a good reason! Keep reading to find out why. Satoshi Nakamoto Satoshi Nakamoto is the creator and

An introduction to the history of bitcoin (BTC) mining

An introduction to the history of bitcoin (BTC) mining

In 2009 the Bitcoin blockchain was born. Since then, many developments have occurred within the mining community. In this blog article you will read about the most important developments that formed bitcoin (BTC) mining as we know it today. First, let’s start with the birth of the Bitcoin blockchain. The mining of the Genesis block

Crypto mining farmers: The biggest players in the industry

Crypto mining farmers: The biggest players in the industry

Since the bitcoin (BTC) price rose to its all-time high of $20.000 at the end of 2017, bitcoin mining and cryptocurrency mining in general have gained more and more popularity. While in the beginning of bitcoin people used to mine bitcoins with their old laptops as a hobby, nowadays also fast-moving businesses with big capital

Important Miners Europe goes international

Important Miners Europe goes international

We thank our customers and the crypto mining community for their support in recent years. Miners Europe is growing every month despite the bearish market, and we can welcome many customers to the crypto mining community. Miners Europe is therefore busy preparing for international growth. What can you expect and what will change? Dutch-speaking customers
Green energy gaining more ground in bitcoin (BTC) mining

Green energy gaining more ground in bitcoin (BTC) mining

The fact that bitcoin (BTC) needs electricity shouldn’t be a surprise. This energy is required to perform complicated calculations, which make the Bitcoin network one of the most secure payment networks on earth. While the discussion around climate change is developing, many have complained about the amount of energy that bitcoin mining needs. However, the

How bitcoin (BTC) miners keep the Bitcoin network safe

How bitcoin (BTC) miners keep the Bitcoin network safe

The word mining in the context of bitcoin (BTC) or other cryptocurrencies is derived from real-world miners, the ones that dig the ground in search of gold, for example. You wouldn’t think bitcoin miners and gold miners have any similarities, as the first one is technically a computer and the second one is a person

What is bitcoin (BTC) and what is bitcoin mining?

What is bitcoin (BTC) and what is bitcoin mining?

Bitcoin, the first and biggest cryptocurrency, has gained a lot of popularity. Many call it the “money of the internet”, or “digital gold”. But what exactly is bitcoin and what is bitcoin mining? In this article you will read the basic explanation of the most vital parts of the Bitcoin network. Bitcoin (BTC), a digital