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Why do I need an ASIC to mine cryptocurrency?

By | Latest News | 0 comment | 14 May, 2019 |

In theory, you can get to the nub of Bitcoin mining with a piece of paper and a pencil. Appreciating things have moved on a little since it was posted, this 2014 article at Gizmodo https://gizmodo.com/mining-bitcoin-with-pencil-and-paper-1640353309 not only looks at the mathematics behind mining Bitcoin, but how to sit there and puzzle things out theRead more

Why does mining profitability vary between cryptocurrencies?

By | Latest News | 0 comment | 14 May, 2019 |

After a difficult year, the price of the leading cryptocurrency – Bitcoin – is enjoying a huge resurgence at the time of writing, with its price jumping up to just over $8,000, having tumbled to below $4,000 at the end of 2018. This has been welcome relief to those who have invested in Bitcoin miningRead more

ASIC mining vs GPU mining

By joangarciaitormo | Latest News | 0 comment | 3 May, 2019 |

Cryptocurrencies have already found and established their place in the market. There is increasingly ongoing research on them, which gives this technology a very promising future. Currently there are two main choices for earning cryptocurrency: ASIC mining and GPU mining. In this article we summarise the reasons and advantages behind each method and compare theirRead more

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