Bitcoin (BTC) mining is a wildly popular way to earn an extra buck that keeps on gaining popularity. To many the whole process of mining might look very complicated, which it – in the core of the process – indeed is. However, nowadays it’s very simple to get started with your own bitcoin mining operation
Another month of bitcoin (BTC) mining has passed and that means we can have a look at the performances of the biggest bitcoin mining pools this past month. In this article we will have a look at the three biggest mining pools of August: BTC.com, F2Pool, and AntPool. The statistics used for this evaluation come
While bitcoin (BTC) mining is becoming more and more popular every year, the competition between these miners rises as well. Mining a block and receiving bitcoin as a reward therefore becomes harder as more miners enter the market. But there is an option to become more profitable: mining pools. Competition Nowadays, bitcoin mining is all
In cases you don’t have the capital or space to run a mining operation, or if the electricity prices in your country are simply too high, there are several options that allow you to still mine cryptocurrencies such as bitcoin (BTC). In this article we will explain what one of these options is: Colocation. Electricity
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
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
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
During the crypto boom at the end of 2017 and the beginning of 2018, cryptocurrency mining and more specifically bitcoin (BTC) mining, became a big hype world wide. By just turning on your computer or ASIC-miner and letting it do its thing, you could earn bitcoin and thus potentially a lot of money. After the
The popularity of bitcoin (BTC) mining is on a rise again during the first half of 2019. As of the 5th of July 2019, the hash rate of the Bitcoin network was around 74 quintillion hashes per second. To give a better idea of how big this number is: that is 74 followed by 18
