Is Nicehash More Profitable Than Ethereum Mining?

NiceHash, founded in 2014, is a Slovenian cryptocurrency cloud mining marketplace that connects miners (in this case sellers of hashing power) with buyers of hashing power. NiceHash's online platform is where buyers rent hashing (computing power). Sellers provide hashing power by connecting to the NiceHash marketplace with NiceHash's own mining software. One can earn with NiceHash … Continue reading Is Nicehash More Profitable Than Ethereum Mining?

How Can You Calculate a BTC Reward?

The Bitcoin block reward refers to the new bitcoins distributed by the network to miners for each successfully solved block. Satoshi Nakamoto, Bitcoin’s creator, set the block reward schedule when he created Bitcoin. It is one of Bitcoin’s central rules and cannot be changed without agreement between the entire Bitcoin network. The easiest way to … Continue reading How Can You Calculate a BTC Reward?

What Is a Bitcoin Pool?

First things first, what is Bitcoin mining? Bitcoin mining is the process in which Bitcoin transactions (or any other cryptocurrency transactions) are verified and added to the Blockchain – a public ledger. Through this process, new bitcoins are released. People called “miners” use special software to solve complex math problems and are rewarded with Bitcoin. … Continue reading What Is a Bitcoin Pool?

How Can I Start Mining Bitcoin and Earning Money?

Prior to starting any job, you should learn about it. Mining Bitcoin basically means going through a verification process in order to validate transactions and provide the requisite security for the public ledger of the Bitcoin network (the Blockchain). The speed at which you mine Bitcoins is measured in hashes per second. The Bitcoin network … Continue reading How Can I Start Mining Bitcoin and Earning Money?

How Do I Earn Bitcoins If I Don’t Have a Bitcoin Mining Machine?

Bitcoin or any altcoin mining requires a relatively big investment if a miner plans on using their own mining machine. If the miner doesn’t want to buy the necessary hardware there is always the possibility of cloud mining. Cloud Mining is the process of bitcoin mining using a remote datacenter with shared processing power. This … Continue reading How Do I Earn Bitcoins If I Don’t Have a Bitcoin Mining Machine?

What Are the Easiest Cryptocurrencies to Mine?

It’s hard to say which cryptocurrency is easiest to mine because there are many parameters involved. That’s especially the case if one is using a regular PC because cryptocurrencies are an extremely versatile and unreliable asset. The cryptocurrencies listed below are classified as “easiest” based on the technical requirements and values needed for their mining. … Continue reading What Are the Easiest Cryptocurrencies to Mine?

What Bitcoin Alternative Can Be Mined at Home?

Bitcoin’s underlying technology has paved the way for numerous alternative cryptocurrencies. Although Bitcoin remains the most popular, there are others that have also performed really well during this past year. These alternative cryptocurrencies are called altcoins, and their arrival onto the scene is based on new funding mechanism called initial coin offerings (ICOs). One of … Continue reading What Bitcoin Alternative Can Be Mined at Home?