What Are KYC Bitcoin Mining Pools?
So you’ve heard about Bitcoin mining, and you want to get in on the digital gold rush. You’ve done your research, and you know that it’s a risky investment, but you’re willing to take the chance and set up that ASIC. Maybe you have some untapped power by running home solar, and you want to divert some […]
What Are Sustainable Bitcoin Certificates?
The fiat system and its centralised issuance of currency have allowed the issuers to create money at will, but when you’re creating money, you need to have a palatable reason that the public will accept; after all, you are devaluing their purchasing power. While there are many programs today justifying new money creation and investment, […]
What Is A NerdMiner?
Bitcoin is an open-source network, meaning the code to run it and participate in the network is open to all; if you have the ability or the detailed instructions, you can run your own miner, your own node, build your own wallet software or signing device, and frankly, it’s encouraged. You determine your level of […]
What Are Bitcoin Mini Grids?
Much has been made of bitcoins energy demands, and you will find no shortage of ESG-funded hit pieces looking at bitcoin’s energy production from a myopic lens. A lot of the criticism of bitcoin’s energy use is that it simply uses energy and provides nothing for that energy costs, and it could have gone towards […]
What Is Fedipool?
Bitcoin transactions get verified through the process of mining, a method of providing computational power to secure the bitcoin network and protect it against attack. A bitcoin miner can submit its calculation proofs as hash rate directly to the network and compete with all other miners doing the same for the latest block. After every […]
Can You GPU Mine Bitcoin?
Mining is probably one of the most contentious aspects of bitcoin due to the reported global energy use miners commit to this open network. Mining provides hash power that is used to secure transactions on the bitcoin network and keeps your precious satoshis safe. In the simplest of terms, computers around the world provide computational […]
What is Stratum V2?
Bitcoin mining is an essential part of the bitcoin network; while a lot of the focus revolves around how much you can earn from the block subsidy and transaction fees, this is only one element of mining, the incentive to get people to commit resources to the network. Bitcoin mining requires miners to convert electricity […]
Why ASIC Miners Break?
The bitcoin mining sector continues to grow and evolve as the competition for new coins and transaction fees heat up. Mining started out as a low-cost way of distributing coins to those who were interested in the network early on, but over the last decade, it has turned into an electricity and hash creation race […]
Why Bitcoin Miners Fail
The bitcoin mining business is not a get-rich-quick scheme that involves plugging in a magic money printer machine; it’s a worldwide competition to provide security for the network and, in return, hope to secure a reward for your contribution. It’s a race against time every 10 minutes and is ruthlessly capitalistic, with no bailouts; if […]
What Is A Green Bitcoin Miner?
Bitcoin mining requires increasing amounts of energy to power the computers that verify and record secured transactions on the time chain. Miners are on a mission to constantly source the cheapest forms of energy and the most reliable to keep their rigs running 24 hours a day. In some cases, this energy may come from […]