Why Is Bitcoin Mining So Loud?

Bitcoin Mining Is Loud

Bitcoin mining gets a lot of flack from the general public; if it’s not using too much energy, it’s driving up the price of computer chips. If it’s not generating useless computation that cannot be used for anything else, it’s making too much noise. Bitcoin miners provide computing power to the network in a globally […]

Why Is Bitcoin Mining So Energy Intensive?

BTC mining energy intense

When Satoshi Nakamoto mined the first bitcoin back in 2009, the plan was to create a decentralised payments platform that would revolutionise how we create money, how we manage balances and how we transfer value between participants in the network. The idea behind proof of work was to create a competitive marketplace where anyone could […]

What Is A Bitcoin Mining Capitulation?

btc miner capitulation

Bitcoin mining is not some passive investment opportunity where you can print money using fancy computer equipment; it’s a cutthroat industry where individuals and companies compete to secure the next block. Bitcoin mining has elements you can control, such as the type of machine you’re using, your expenditure cost basis and the software you’re running, […]

9 Reasons Why You Want To Mine Bitcoin At Home

reasons to mine bitcoin at home

If you’ve heard about bitcoin, you probably already know that to acquire some, you either need to purchase it from someone or mine them yourself. The concept of “creating” bitcoins from your computer by providing security to the network through the conversion of electricity into hash rate has become a booming industry over the last […]

How Much Bitcoin Will My Miner Make?

Bitcoin mining has grown into big business as it becomes more popular now people are seeing past the FUD. Whether its energy companies looking to balance their grid or plebs wanting to secure the network and earn some sats for doing so. Mining is one of the key parts of Bitcoin as highly specialised computers, […]

Ways To Repurpose Bitcoin Miner Heat

Repurpose bitcoin miner heat

Bitcoin mining is undeniably an energy-intensive industry; miners worldwide are looking for the cheapest forms of energy they can get their hands on to remain competitive and keep more of the profits from their operations. However, energy cost reductions can only go so far, and if you have sunk costs involved in your setup, it’s […]

Why Solar Homes Should Consider Home Mining

solar homes should mine bitcoin

As a South African, the energy crisis has been part of my daily life since the early 2000s as our centralized national power provider continues to falter under mismanagement, corruption, sabotage and political interest instead of economic interest. The national energy provider Eskom is a central point of failure for the South African economy. As […]

What Is A Bitcoin Block Subsidy?

bitcoin block subsidy explained

Bitcoin is a multi-facetted system that requires mass coordination from thousands of people worldwide, from those running nodes who enforce the rules and monitor the blockchain to ensure transactions and miners remain in consensus and follow the rules. To miners who provide more computing power to secure the network and exhaust energy to ensure the […]

What Is Bitcoin’s Next Difficulty Adjustment?

Bitcoin next difficulty adjustment

As the Bitcoin mining industry continues to grow and innovate, one important metric that those who run miners keep their beady little eyes on is the “difficulty adjustment“. The reason being that if the difficulty of mining a Bitcoin block increase or decreases, it will then determine the profitability of your mining operation. This is […]

How Bitcoin Mining Can Stop South African Load-shedding

Bitcoin mining stops blackouts

The modern world lives on electricity; we cannot sustain the standard of living we enjoy today without it. Electricity keeps us warm; it ensures our food is preserved, that we can have a hot meal, and remain clean and hygienic, and it provides us with protection against weather conditions. It provides us with the means […]