Guide: A Beginner’s Look at Litecoin Mining

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First came Bitcoin, then a slew of other coins, and then Litecoin joined the scene. Just like Bitcoin, Litecoin functions as an online platform where users can send and receive payments. Since Litecoin also works on a decentralized network, its peer-to-peer transactions are not controlled by any monopolistic authority. Compared to its ancestor, there are … Continue reading “Guide: A Beginner’s Look at Litecoin Mining”

Guide: Bitcoin Halving Explained

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In the landscape of Bitcoin and altcoins, Bitcoin halving is a major phenomenon. Approximately every four years, Bitcoin undergoes this significant event. Interestingly enough, Bitcoin halving has only occurred twice ever since Bitcoin’s introduction to the world. This fact sort of marks its significance and relevance to Bitcoin’s market value. Despite accepting Bitcoin into our … Continue reading “Guide: Bitcoin Halving Explained”

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?”

Why RavenCoin (RVN) is up more than 35%

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Changpeng Zhao, the CEO of the Binance project, recently revealed that he will add RavenCoin (RVN) to his platform. The CEO made it clear that the coin will become the latest addition to the crypto platform without the requirement of a listing fee or donation. RavenCoin: What is the excitement all about? Since making  it onto the … Continue reading “Why RavenCoin (RVN) is up more than 35%”

Samsung Will Make Next-Gen ASIC Chips: Squire Mining

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Squire Mining is planning to offer next-gen 10 nm ASIC chips. The company revealed that it is collaborating with Samsung Electronics as its foundry partner. Squire and Gaonchips will complete their ASIC chip FPGA prototype by September 30 this year with the support of Samsung. New ASIC chips to Use Samsung Semiconductors Squire Mining Ltd., … Continue reading “Samsung Will Make Next-Gen ASIC Chips: Squire Mining”

44 Terahash E-11 New Mining Rigs Announced by Ebang

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Ebang Communication is one of the largest manufacturers of ASIC mining chips in China. Three New Mining Rigs by Ebang Ebang proposes to launch three new bitcoin mining rigs for its latest Ebit Miner E-11 series. Morover, the company claims that these devices are capable of hashrate speeds of between 30-44 trillion hashes per second … Continue reading “44 Terahash E-11 New Mining Rigs Announced by Ebang”

Iceland to Adopt ‘Pure Blockchain Business’

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According to predictions, the cryptocurrency industry in Iceland will move away from crypto mining to “pure blockchain business.” This comes after a number of local industry insiders made predictions. The Forecasts and Blockchain Halldór Jörgensson is the chairman of the Borealis Data Center based in Reykjavik. He believes that the demand from local cryptocurrency and blockchain … Continue reading “Iceland to Adopt ‘Pure Blockchain Business’”

Next-Generation Antminer Announced by Bitmain

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Bitmain Technologies, the Blockchain company and mining manufacturer just made a new announcement at the World Digital Mining Summit in Tbilisi, Georgia. New Antminer With 7nm Technology Bitmain announced that they will launch a new Antminer with 7 nm semiconductor technology soon. Jihan Wu, the CEO of the firm said that Bitmain’s next-gen ASIC BM1391 … Continue reading “Next-Generation Antminer Announced by Bitmain”

What are Fees for Sending Bitcoin from One Account to Another?

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Bitcoin transactions still overwhelm the best of us when it comes to making transactions or tracking profits. Despite several improvements in user experience designs, users still feel dejected when faced with the complex functionalities and mind-boggling calculations. For that reason, this article will discuss the various ways to make seamless fee calculations. But first, let … Continue reading “What are Fees for Sending Bitcoin from One Account to Another?”

Cryptojacking Malware Targeting Government Sites in India

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According to a recent report in the Economic Times (ET), government sites are the main targets of cryptojacking in India. The word ‘cryptojacking’ refers to the practice of infecting a computer or device with malware that mines cryptocurrencies on the system using its processing power. The owner neither consents or knows about this breach. Government … Continue reading “Cryptojacking Malware Targeting Government Sites in India”