What Is A Bitcoin Mining 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
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
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
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 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?
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
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 […]
What Is A Bitcoin Mining Stock?
Bitcoin mining has grown over the years, starting as hobbyists running the software and using their computers to mine bitcoin; it slowly graduated to custom mining rigs. As competition increased, so did capital flowing into the sector, and we saw specialised mining equipment created known as the ASIC miner. The improvement in equipment kicked off […]
What Is Merged Mining?
Bitcoin mining is by far the most popular digital asset to mine. If we look at mining by active miners, mining pools, and resources, other coins pale in comparison. The trend doesn’t look like it will be reverted anytime soon as bitcoin’s network growth attracts more miners and resources. For other chains to stand a […]