Guide: What is Bitcoin Mining?

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The advent of blockchain technology and cryptocurrencies has created a spur amongst the technology enthusiasts. Opening the gates for creating highly diverse ecosystems, applications, and new earning opportunities, Bitcoin mining has always been in the spotlight of the crypto world. What is it and how does it work? We will see in this guidepost. Overview … Continue reading “Guide: What is Bitcoin Mining?”

What Exactly Goes into Bitcoin Mining?

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Although miners already extracted over 17 million Bitcoin (BTC), it’s not too late to get in the game and make a daily income. And while having the most advanced mining hardware is an advantage, the average person can work with much less and still profit. Mining is the original way to profit from cryptocurrency. Before … Continue reading “What Exactly Goes into Bitcoin Mining?”

President Donald Trump Tariffs Pinch Bitcoin Miner, Bitmain

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A tough stance on China comes at a cost for some.  In fact, increasing tensions are doing some damage to Bitcoin mining giant, Bitmain. According to the South China Morning Post, the tariff could “be a problem for Beijing-headquartered Bitmain, which filed for a Hong Kong stock market listing in September, and is seen as … Continue reading “President Donald Trump Tariffs Pinch Bitcoin Miner, Bitmain”

The Government of Iran Approves Bitcoin Mining

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The Iran government will permit Bitcoin mining in the country. President Hassan Rouhani just made that announcement. The decision was made as the national currency falls on U.S. sanctions, which has only increased demand for foreign currency. Bitcoin and digital currencies are now more preferred since they are borderless and not affected by sanctions. According to … Continue reading “The Government of Iran Approves Bitcoin Mining”

U.S. Senator Moves to Protect Bitcoin Mining Industry

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Bitcoin mining has proven to be a great investment for both investors and governments alike. Many municipalities across the US have witnessed resurgence thanks to Bitcoin mining. Consequently, many counties across the U.S. go out of their way to attract Bitcoin-related investments; these investments consistently pay dividends to governments across the world. Bitcoin Mining in … Continue reading “U.S. Senator Moves to Protect Bitcoin Mining Industry”