Are Multipools Worth it?
Before the release of DigiShield, miners could take advantage of coins with low difficulty to make a better profit. Kimoto Gravity Well (KGW) was introduced and curved this behavior, but DigiByte with their DigiShield effectively stomped it out. For those of you who might not know what a multipool is, it's a mining pool that determines the most profitable coin for you to mine based off your hash rate, the coins difficulty and the going rate on the exchanges. In contrast to direct mining pools, where only one coin is mined. After a coin has been mined long enough for the difficulty to....
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If you have heard of the ominous Titan from KNC capable of hashing at 300 mh/s on scrypt, or perhaps the gridseeds or any other scrypt asics, a algorithm that was designed to be anti-asic and you’re a miner, you are most likely searching for the next coin to mine. Take Vertcoin into consideration as that coin. Here are some Vertcoin coin specifications. Vetcoins has a 84 million Vertcoin max coin supply with block times of 2 and a half minutes, 50 coin block rewards, KGW difficulty adjustment to discourage multipools, and block halving every 4 years or so. But where it really shines is its....
As the mining industry evolves, there are always new products and services hitting the market for enterprising cryptocurrency entrepreneurs. The competition between hardware manufacturers continues, with CoinTerra shipping its 5,000th unit and KnCMiner offering new incentives. Before ASICs came along, issues of power and cooling were not as much of a priority. Now, even the new Radeon, the most powerful graphics card to date, is not the least bit exciting to those interested in mining. But with data centres full of mining racks and malicious actors dropping cryptocurrency mining libraries....
If you are new to cryptocurrency, you may have not heard of BlackCoin. Actually, you should’ve. A coin that rose in a successful way, not only this, with such volatility, but was still able to hold its ground for quite some time is something unseen nowadays. Definitely, one of the few coins out there with a strong development team and a great way to bring upon innovation into the coin. Having been stable in the 500 satoshi range, BlackCoin began a bullish trend which ended at a staggering top of 100 thousand satoshis. If you do the math, 200 times return on investment is an incredible feat....
Finally, after trials that Dogecoin community went through, great news arrive for the famous crypto. Finally, DOGE’s client is being fixed to prevent hacking and “unethical” mining. However, DOGE is not only famous for its shiba itsu image. Much more important is the charitable attitude of the community that surrounds the digital currency. Would that be helping out Jamaican bobsleigh team this year in Sochi or raising fifty thousand dollars for the water wells in Kenya. Nevertheless, generosity is not an excuse for hackers and thieves. Carefully executed DDoS attacks managed to undermine....
On Tuesday, Fort Worth mayor Mattie Parker and Fort Worth revealed that the city is now the first U.S. city government in the country to mine bitcoin. According to the announcement, the city of Fort Worth has partnered with the Texas Blockchain Council to embark on the crypto mining endeavor.
The City of Fort Worth Begins to Mine Bitcoins 24/7 With 3 ASIC Machines
Starting today, the city of Fort Worth in Texas is now mining bitcoin 24/7 at the climate-controlled Information Technology Solutions Department Data Center located at Fort Worth City Hall. The news was announced by....