Bitcoin Mining Intensifies During Q4 of 2016
Bitcoin mining has become a serious and profitable industry. Over the past couple of years, the mining race to capture the last bitcoins has been on fire. MGT Capital Investments Joins the Mining Race. There’s a lot of discussions when it comes to the cryptocurrency network’s mining sector. Miners process transactions to gain freshly minted bitcoins and....
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Genesis Mining offers 5% discount on its cloud mining contracts. The holiday season is here! It has just been a couple of days since Thanksgiving. The weekend following Thanksgiving Day, better known as the “Black Friday Weekend” is well-known for amazing shopping offers. The same holds good in the cryptocurrency industry too. Genesis Mining, the most popular cloud mining service provider in the cryptocurrency industry has announced a new promotion as part of its Black Friday offering. In this festive promotion, Genesis Mining is offering a 5 percent discount on all cloud mining packages....
Hashflare cloud mining platform is offering a 42 percent discount on new contracts until November 27, 2016. Santa has come early this holiday season. Hashflare — the cloud mining platform is offering a huge 42 percent discount on new cloud mining contracts. The attractive offer is applicable for all supported cryptocurrency mining contracts on the platform. Hashflare allows users to mine Bitcoin, Ethereum, DASH, ZCash and Litecoin by subscribing to its mining contracts. Users can readily avail this discount offer by signing up on the platform and buying the required hash rate for the....
Genesis Mining is one of the few cloud mining organizations to actually fulfill their obligations to their customers as well as a huge advocate for the Bitcoin and Cryptopcurrency industry. Since the beginning of 2016 the mining industry has seen a lot of shifts, as well as new coins to mine that are wildly popular like Ethereum. Genesis Mining quickly expanded their GPU mining capacity to fulfill the growing demand for Ethereum mining as well as other algorithms like DASH. We were able to chat with Marco Streng the CEO about the recent developments and some future things to come from....
MGT Capital Investments, the John McAfee-led investment firm that owns operates a bitcoin mining facility in Washington has begun “Phase Two” of its mining operations, which sees a goal to expand its processing power to more than five PetaHash this year. New York-based MGT Capital has begun what it calls as “Phase Two” of its bitcoin mining operation in central Washington, a location chosen for its proximity to low-cost hydroelectric power. As the miner turns up the dial, it expects its processing power to exceed five PetaHash by the end of 2016. In comments, CEO and executive Chairman....
The Bitcoin mining difficulty has increased yet again, thanks to the use of efficient mining equipment and increased digital currency demand. The Bitcoin mining difficulty has increased once again. A 2.3 percent increase from the previous existing difficulty levels was reported on September 12, 2016, making it the fourth raise (fifth correction) since the Bitcoin mining rewards halving in early July 2016. At present, the difficulty level stands at 225,832,872,179 compared to the earlier level of 220,755,908,330. Similarly, the total hash rate of the Bitcoin network has also increased from....