Mining

This is when a policy or fundamental laws of a blockchain are altered. Whenever a fork occurs the blockchain inquestion will divide into two, nevertheless, each of the new chain will still contain the same information as the parent chain. However, the child chain will now possess a new direction which is unlike the parent […]

A node plays a key role in the BTC network. Also, a node can be said to be a computer that is linked with other computers. These chains of computers abide by similar rules and share information among themselves. A Full Node A full Node is a computer that houses a duplicate of the whole […]

While Ethereum is getting set to change to Prof – of – Stake, a fraction of the crypto industry is monitoring miners as well as their next course of action. Meanwhile, miners are contemplating switching to a Proof-of-Work blockchain to continue their activities. Also, the F2pool – the number two biggest ETH mining pool, disclosed […]

Miners of BTC have persevered with debt and elevated cost of operation due to the crashing crypto market. These have caused BTC Miner’s deficit to amount to a whooping year’s high, totaling up to 1.85 million BTC. Bitcoin networks have been up against lots of challenges, beginning with the Miner’s migration to China last year, […]

The cost of mining Bitcoin reduced to its lowest in ten months. This is because people involved in the mining operation are now making use of better equipment to do the mining. This has reduced the difficulty of mining Bitcoin to about 6.7%. During last week’s Wednesday strategist disclosed that the production cost for Bitcoin […]

‘Core Scientific’, a large mining firm, is forced to sell out tokens which the firm mined in June. Core Scientific is one of the world’s leading mining firms with over 180,000 servers around the globe, which account for 10% of the world’s crypto mining computing power. It needed to settle some debt and purchase new […]

The Crypto and Blockchain Industry is currently going through hard times. Therefore stakeholders in the industry are likely to pounce on headlines and development that may help revive the crypto market. During the past week, the news about the uncovered abundant gold ore in Uganda portrayed the kind of development that has ability to revive […]

Miners on blockchain networks are facing the hard decision of shutting down operations as the price of tokens is no longer sustainable for operations. Bitcoin and Ethereum need a high amount of power supply for a mining operation. The implication of this is the high cost of power. A very good chunk of the amount […]

Video game players are happy, while investors in cryptocurrency are anxious to know when crypto will seize to plummet. The crypto market crash has caused the price of GPUs to gradually reduce. GPU has recorded a fifteen percent decrease in price during last month: May. A personal Computer news and review webpage: Tom’s Hardware disclosed […]

New York accepted the law that was issued for the suspension of bitcoin’s proof of work mining procedure. The law is on its way to the office of the Governor; where it will be signed. However, if the law gets signed New York will become the number state to attack Bitcoin; using the law as […]