BAMMining: Interview With Allen About His Scrypt Mining Startup
I was on Cryptostocks a few weeks ago, and as I was buying some shares of a friend's offering I ran across BAMMining. I purchased a few shares just to support them and ended up part of a shareholder driven business. They not only listen to their shareholders but also actively ask for input and feedback in making decisions. These things could just be advice or questions about which ASIC miner they should purchase to which pools and coins to mine. Many claim that they are like this, but BAMM actively involves their shareholders. I found it to be a very good thing and made me want to know....
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As bitcoin mining increasingly becomes more of a professional pursuit, hobbyists and newcomers have turned their attention to scrypt mining. So, at CoinDesk, we wondered, 'why not try scrypt mining ourselves?'. Watch the video to see how well we fared: . We got our hands on a Gridseed G-Blade miner, one of the first scrypt miners in the market to use ASIC chips. ASIC chips have been used to mine bitcoin for over a year, now they are making their way into scrypt mining. That's making scrypt even more attractive to newbies. MinerEU is the European distributor for the China-based manufacturer....
ZeusMiner has been a hit in the Scrypt ASIC Miner manufacturer world. They released their miners at many locations in the field. First, they sold units directly to customers. Second, they did OEM manufacturing for companies like GAWMiner and Hashra. Being able to do both spurred huge growth for the new manufacturer. With the growth and large sales numbers, ZeusMiner has been able to surpass the initial reach that Gridseed, the first Scrypt ASIC miner manufacturer to the market, achieved in a big way. ZeusMiner On The Global Scrypt Mining Network and Next Gen Scrypt Miners. ZeusMiner has....
Cloud mining services do not have the best of reputations in the world of Bitcoin and virtual currency. Most of these cloud mining companies have been struggling to make ends meet, which can be partially blamed on the low Bitcoin price. On the other hand, there have been quite a few cloud mining services who have turned out to be Ponzi schemes. It looks like Scrypt.cc has deliberately made some wrong moves to defraud customers in the past few days. Scrypt.cc – Recovering From a Hack and Loss of 3,500 BTC. Most people were not surprised when Scrypt.cc announced their platform got hacked a....
Allen Farrington joined the “Bitcoin Magazine Podcast” to discuss his articles and Bitcoin’s cultural alignments.
Scrypt ASIC Race Towards The Bottom. KnCMiner has promised 250 MH/s for 1000W. This morning, Mining ASICs Technologies (MAT) posted a press release to their website. In it, they announced that their Excalibur 1 (100 MH/s) and their Excalibur 2 (200 MH/s) would be upgraded to Excalibur 3 (125 MH/s) and Excalibur 4 (250 MH/s), respectively. This free upgrade comes on the heels of an eventful week in the competitive world of Scrypt ASIC Mining hardware manufacturing and design. Originally slated for September release, MAT is now confident that their Scrypt ASICs might even start shipping in....