In our “Mining” section, we cover everything related to cryptocurrency mining and blockchain network security. Here you will find information about mining hardware, mining pools, profitability, and the technologies behind validating transactions. Read the “Mining” section on ForkNews to learn how cryptocurrency mining works and stay updated on the latest developments.
The largest developers of graphic architectures note a serious drop in sales of video cards due to weakening interest in mining in the second quarter of 2018.
Many analysts use the term profitability when forecasting the price of bitcoin and other cryptocurrencies. Let's try to figure out what it is and how much it affects the price of cryptocurrencies.
On the eve of the next Friday meeting of Ethereum developers, the founder of Atlantic Crypto announced the cost of mining one ether.
The largest Chinese mining pool is set to dominate Ethereum. The resource BTC.com, a subsidiary of the giant Bitmain, has released a new client specifically created for ether mining.
Rough business decisions and a prolonged bearish market could cost the Chinese company huge losses, according to a new report from BitMEX Research, a research house that is analyzing Bitmain's initial public offering (IPO).
The Slovenian company NiceHash suffered a hacker attack in December, during which a wallet containing 4,700 Bitcoins, which at that time was worth about $59 million, was hacked.
The amount of electricity used for mining is of concern in terms of environmental impact. Current estimates place the energy consumption for Bitcoin mining at around 2.55 gigawatts, almost as much as the whole of Ireland consumes. And this problem only gets worse as the number of operations increases.
Despite the cooling of the market after the hot 2017, when mining equipment was in great demand among the population, competition in the Bitcoin ASIC miners market continues to grow. Recently, Japanese GMO has made a serious bid with miner B3 and Canaan, and now a new player, the Greek mining company Holic Technologies, is trying to displace the Chinese companies dominating the market.
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