Crypto Mining News
crypto mining news
Siacoin token, has been in the media during the last days due to its price surge. This cryptocurrency has moved from $0.025 dollars on January the 2nd up to $0.10 dollars on January the 6th. This has called the attention of several investors that could be thinking about future returns.
The total amount of available Bitcoin for mining is 21 million. Once all of those Bitcoins have been mined, no more will ever be created. This cap is built into Bitcoin’s protocol by Satoshi Nakamoto. The purpose of this cap is to combat inflation and devaluing of the digital currency and to increase scarcity. With […]
Bitmain, one of the gigantic mining enterprises all over the world, is searching new mining sites in Canada. Quebec could be the province that would host the most miners. The mining company is already negotiating with the Canadian authorities. Some time ago, Bitmain announced that it was expanding to Switzerland to the so called “Crypto Valley”.
One of the simplest ways of mining cryptocurrencies is using CPU or GPU power. There are different mining pools that offer this possibility for some users. But these power was also used and exploited by some hackers through different webpages. When a user was surfing a specific infected website, its CPU power was used illegally to mine cryptocurrencies.
It is possible to mine cryptocurrencies using different CPU and GPU hardware. But, what about the possibility of mining with an iPhone? Would it be profitable? Is it possible? Well, there is a YouTube channel that has tried this out. Let’s see whether this is possible or not and if this is profitable.
Vertcoin is toted as “a decentralized currency owned by its users.” Launched in January of 2014, Vertcoin has been around for quite a while now, yet it is not one of the more popular cryptocurrencies you will find.