Cryptocurrency mining

The emergence of cryptocurrencies launched several new types of entrepreneurs: crypto investors, crypto traders and miners. The latter are responsible for maintaining blockchain development and operation. Thanks to mining farms, the network calculates transactions and new coins are emitted. However, the structure of currencies such as Bitcoin include a gradual reduction of rewards for calculated blocks, so the profitability of mining depends on the balance between the cost of equipment and electricity, network rewards and the price of the cryptocurrency itself. In 2018, the popularity of mining significantly boosted video card sales. However, afterwards most devices ended up on the secondary market, when private mining stopped being as profitable

What is cryptocurrency mining?

What is cryptocurrency mining?

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Governments issue traditional fiat money. In the digital economy, things are different: new coins are generated by computers by solving mathematical problems.
Mining 2К18: What Are the Most Profitable Coins to Mine on Nvidia GeForce GTX 1070, 1080 and 1080 Ti?

Mining 2К18: What Are the Most Profitable Coins to Mine on Nvidia GeForce GTX 1070, 1080 and 1080 Ti?

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Оn September 20, to be precise, Nvidia launched three new GeForce RTX 20-series graphics cards based on Turing architecture. The new-generation cards are projected to outperform their predecessors, the GeForce...
In Russia, St. Petersburg took place one of the largest international blockchain, cryptocurrency and mining forum — Blockchain Life 2018.

In Russia, St. Petersburg took place one of the largest international blockchain, cryptocurrency and mining forum — Blockchain Life 2018.

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The global industry event was attended by leading companies in the industry, including: world cryptocurrency exchanges (Okex, Huobi, etc.), mining giants Bitmain, Bitfury and Btc.com, creators and top managers...
All You Need To Know About Mining Pools

All You Need To Know About Mining Pools

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Definition A mining pool is a group of miners who have decided to combine their computing power to increase the amount of cryptocurrency mined. With a successful completion of the mining process, the reward...
Cloud Mining

Cloud Mining

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Definition Cloud mining is a cryptocurrency mining mechanism without having to buy expensive equipment and build a mining farm. There are companies that allow you to create an account and participate in the...
PoW and PoS What Are They?

PoW and PoS What Are They?

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If you are a cryptocurrency fan, you must have already heard about PoW и PoS systems. This article will explore the two concepts, identify differences between them and their pros and cons. PoW Mining is used...
What it the hash rate

What it the hash rate

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Mining success directly depends on the equipment used in the process. Video cards have many variables impacting the result of computing operations, but the most important parameter is the hash rate. Let us...
The best graphics cards for mining in 2018

The best graphics cards for mining in 2018

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Mining farm rigs are quite different from standard PC’s which can be found in any house: there is only one graphics card in a simple computer and often integrated into the motherboard. But you will need...
How to Block Cryptocurrency Mining on Google Chrome

How to Block Cryptocurrency Mining on Google Chrome

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Fraudsters are becoming increasingly resourceful day by day. Once users have found protection from one malicious software, it is in no time replaced by ten more dangerous ones. The beginning of the blockchain...
Charitable Mining from Monero

Charitable Mining from Monero

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Mine Monero and help the trust of a charity fund become real after the launch of a special site. Mining of the cryptocurrency is automatically started as soon as the user comes to this resource. The extracted...
The 17-millionth bitcoin is mined

The 17-millionth bitcoin is mined

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Bitcoin network has produced 17 million coins. The mining pool BTC.com has calculated another block which has lead to increased bitcoin numbers to a round number. The number of coins in the bitcoin protocol...
The startup Qarnot will release a miner and a house heater

The startup Qarnot will release a miner and a house heater

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The French company, Qarnot, will release an unusual household appliance that simultaneously functions as a cryptocurrency miner and a space heater. The QC1 crypto-heater combines a computer with two powerful...
Tesla was the victim of hidden mining

Tesla was the victim of hidden mining

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For many hackers, the production of cryptocurrency by using outside computing power has become more attractive than, for example, data theft. By placing a hidden miner on the victim's site or server the...
Miner embedded in Microsoft Word documents

Miner embedded in Microsoft Word documents

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A Microsoft Word function allowing you to insert video into documents became a loophole for hackers. It was possible to build-in a script for Monero mining into a document  together the EMBED-code. Since the...
Hackers built a hidden miner in thousands of state sites in the US and UK

Hackers built a hidden miner in thousands of state sites in the US and UK

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Scott Helme, the information security specialist reported on the distribution of the script for monero mining on sites, most of which are owned by US and British government agencies. Ummm, so yeah, this is...
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