What Is The Blockstream Mining Note?
Bitcoin mining has changed over the years; gone are the days of opening a .exe file on your computer and running the mining software on your GPU to collect your 50 or so Bitcoin every ten minutes without the assistance of a mining pool. Today bitcoin mining is a hugely competitive race against the ever-repeating […]
How Does Bitcoin Mining Actually Work?
Ah Bitcoin mining. The so called, “dark art” and mysterious phenomenon that has brought a lot of FUD articles from mainstream news outlets due to some grievances with energy consumption. Is it a network of supercomputers, doing complex calculations that are so complicated, you’d need 60 years of research just to get your head around […]
What An EU Mining Ban Means For Bitcoin
2021 marked the year of the significant bitcoin mining migration, as China called for a mining ban. The ban is a government response to the growing local bitcoin scene drawing resources from the country. The motivation for the ban is said to be to protect against capital outflow, reduce demand for energy on their grid, […]
A Breakdown of Bitcoin Home Mining
So you’ve heard about bitcoin mining, and you’ve seen theirs an opportunity to mine these digital tokens worth thousands of dollars. I’m sure you’ve thought, why buy bitcoin when I can mine myself, right? All I need is a few computers, and I can start printing digital money. Maybe you’ve heard stories of people who […]
How Do You Mine Bitcoin?
As I’ve started talking more about Bitcoin with friends, family and randomers, the topic of Bitcoin mining comes up as something they want to get in to. I dipped my toes in to renewable mining with Cyberian Mine recently after hearing about the China ban forcing all the mining operations out. Yes, I know, this […]
Why Does Bitcoin Use Electricity?
Bitcoin hitting new all-time high’s are always going to attract attention from mainstream media, and with that attention comes some poor analysis and understanding of the network. Plenty of attention is focused on the amount of energy the Bitcoin network requires to scale and secure more of the worlds purchasing power. We’ve seen countless snippets […]
Green Bitcoin Mining With Cyberian Mine
Feeling Green I’ve been researching Bitcoin mining over the past couple of weeks as we’ve been building The Bitcoin Manual site and it’s one part of the whole Bitcoin experience that I’d left largely untapped. However, fortune favours the brave and so I thought I’d take the plunge and do my tiny bit to support […]