Crypto Mining Definition & Meaning

Cryptocurrency mining (i.e. crypto mining) is the process of verifying user transactions by solving mathematical problems related to the calculation of the hash function. After the hash is solved a transaction is added to the blockchain. Read more about crypto mining in our blog or join our mining pool right away.

MinerGate becomes NiceHash friendly

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MinerGate becomes NiceHash friendly

Dear miners, We’re glad to inform you that MinerGate multicurrency mining pool is now compatible with NiceHash. Through NiceHash Miner GUI software, users can sell the computing power of their CPUs, GPUs, ASICs and rig farms, to buyers who use it to mine with larger pools. To benefit from this feature, MinerGate users simply need […]

Blockchain Consensus Types: Proof of Elapsed Time, Proof of Authority, Proof of Bandwidth

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Blockchain Consensus Types: Proof of Elapsed Time, Proof of Authority, Proof of Bandwidth

To continue where we left off in the previous part, this part delves further deeper into the various consensus mechanisms that have been making a lot of news lately and are being proven as worthy successors to the consensus problem. These algorithms have worked really well in theory but are yet to be adopted into […]

MinerGate mining pool pitches upon off-chain transactions

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MinerGate mining pool pitches upon off-chain transactions

MinerGate mining pool is going off-chain, outsourcing their withdrawal infrastructure in order to focus solely on their core business, which is mining. The adoption of off-chain microtransaction technology will modernize the company’s service, introducing fast, free, and easy transaction execution. Users will benefit from new features: Free and instant withdrawals to your automatically created Freewallet […]

Biggest Mining Farms Ever: Switzerland, USA, Australia

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industrial mining

We’ve all heard about Bitcoin and how people would just mine it from home with their laptop or desktop, years ago when it all started. Everyone’s heard of the guy who bought a pizza for 23 Bitcoin, right? And not so long ago, makeshift “mining farms” started popping out from almost under the floorboards. It […]

Countries With National Cryptocurrency

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Countries With National Cryptocurrency

Either very clever or extremely risky and possibly both is the phrase which instantly springs to mind with the concept “National” cryptocurrency. Clever for Governments to seek to “own” the blockchain space and potential uses, and extremely risky due to the overall volatility in the market and the sophistication of key players to manipulate it. […]