Mining

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What are Mining Pools and Why Do You Need Them?

10 Jan 2020 6 minute read 7 comments CryptoMoneyMaker

You probably are looking to start mining your first cryptocurrency and came across the term “mining pool”. If you are wondering why you should share your hard-earned mined coins with some mining pool then this article is for you!  Here I will cover w...

Truck Eye View: A Truck's View of an Abandoned Mine in Utah

8 Jan 2020 1 minute read 0 comments shellatreille

This is a photo that I took of a vintage / abandoned Ford truck looking towards the then abandoned Burgin Mining Operation in Utah.  It is located in the Tintic Mining District.  I have been inside the buildings.  It's very spooky and silent. (The mi...

Electroneum and how to 'mine' it

7 Jan 2020 2 minute read 4 comments TrocProcLock

How to earn the Electroneum (ETN) cryptocurrency for free and without much work involved. It is a simulated mining app but it works the same as if it was real mining.   A little history of Electroneum the company. Founded by Richard Ells on July 2017...

Delay the bombs of difficulty on Ethereum, the time to extract a block collapses by 25%

7 Jan 2020 1 minute read 1 comment Roberto D.

As known at the end of 2019 Ethereum has entered a new phase of its existence, the one that will lead to the so-called ETH 2.0, the new version of the platform which, to operate, will use a POS consent protocol; after successfully archiving the Istan...

Monero forked - New algorithm and reduced GPU mining

2 Jan 2020 1 minute read 5 comments crafter

On 30 November 2019, the Monero blockchain underwent a hard fork that saw a new algorithm being used. It's new algorithm is called RandomX and has built in features to discourage (or eliminate) mining on GPUs, which are generally only available for t...

How to Mine Cryptocurrency on your Xbox or Playstation!!!

31 Dec 2019 1 minute read 2 comments cryptowc

  Step by Step Instructions: 1.) Sign up for Xbox miner website here: https://allcoins.pw/?ref=310919 Make sure you confirm your email and your account is fully set up. 2.) Go on over to your Xbox, and open Microsoft edge or your preferred internet...

Storj - get paid to "mine" with your free disk space.

28 Dec 2019 1 minute read 2 comments DimitarM

Storj is an old project from which I was part of until about 13-14 months ago, when it seemed completely dead. But now they seem to be reinventing themselves.  You guys can make a buck or two with it, the best part there is no real "mining" involved,...

Gath3r- A perfect decentralized solution for web monetization (opt-in, non-invasive) with smart web miner for Blockchains, merged mining, etc.

28 Dec 2019 11 minute read 0 comments milaan

Introduction The business giant like Google, Facebook, and many others have been collecting the user's data, compiling them and all those data are being socially engineered & sold for monetary gain. All these are being done without the consent of use...

Clouds of mining

25 Dec 2019 4 minute read 2 comments Jelly Fish

Recently I've noticed here an article about the so-called "cloud mining". In general, I agree with what is said there, but in particular, I believe it would benefit from several tiny additions -- which I'm going to add down here. First, I would say t...

Chinese authorities seize hardware for mining cryptocurrencies, 7000 confiscated devices, for a value of over 10 million dollars

24 Dec 2019 2 minute read 0 comments Roberto D.

To report it is CCTV on Sunday, but the news began to spread via social media only starting from yesterday; according to reports, the Chinese authorities have seized something like 7 thousand cryptocurrency mining machines; all this was the result of...