Mining solo, while sometimes more profitable, it s usually not the right choice for most miners. When mining solo, you are doing all the work alone which means that you ll receive the entire block reward, the problem is that mining is also based on a luck factor, which means that if your hashpower isn t high enough, you may never see a reward come your way. With…
For all the attention that Bitcoin receives in the news, the most interesting peculiarity of this crypto-currency has largely been ignored. Sure, we’d all like to know whether the currency will ultimately succeed without any ties to a real-world economy. And Bitcoin’s rapid fluctuation in value over the past six months has certainly turned some heads. But how…
Butterfly Labs entry level Jalapeno Bitcoin miner sells with a mining rate of 5 G/Hash per second, as well as with an upgrade that bumps its performance to 7 G/Hash per second. And while both are pretty paltry in comparison to those that function at guaranteed speeds of 30 GH/s, or Butterfly s own 600 GH/s mining card, they re still a decent way for Bitcoin…
A premier Photo Book about bitcoin miners and their journey to find the best mining pool. Shipping to customers the second week of December. Order now to get it before Christmas. Mining Pools is part of a series of photo books personifying bitcoin technology and lore. In this book, follow bitcoin miners in their quest for the best block reward in different pools…
Bitfury, the best-funded miner through investments has today announced the mass production of its 16nm Application Specific Integrated Circuit (ASIC) Chip, a project that was in development since the beginning of 2015. Bitcoin mining behemoth BitFury has revealed that it will begin mass production of its 16 nm mining chips following testing that has met expectations…
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A former employee of the US central banking system, the Federal Reserve, was issued a fine of $5, and sentenced to 12 months’ probation for mining bitcoin on a Fed-owned server. Nicholas Berthaume was employed as a communications analyst with the Board of Governors of the Federal Reserve System. According to an announcement by the Fed’s Inspector’s Office yesterday…
