Don’t forget to update your mining software, operating system, and video card drivers to make the highest profits.
So you’ve decided to start mining your first cryptocoin. Welcome! The cryptocurrency world is big and it can seem overwhelming when you first begin. There are many coins to choose to mine, many software miners, and many mining pools to choose from. Let’s address some of these issues and provide some solutions to the problems. […]
Two types of coins there are – Minable and Pre-Mined. Mineable coins are using the proof-of-work (PoW) consensus algorithm to generate new blocks, with the Proof-of-Stake (PoS), the creator of a new block is chosen in a deterministic way, depending on its wealth, also defined as stake. Basically, PoW coins are ones that can be […]
With the recent boom in the cryptocurrency market, many users in the community have begun to mine coins as a great way to supplement their income. Mining is the process of using GPUs (graphics cards) to essentially “mint” new coins through a process called PoW (proof of work). One of the most profitable coins to […]
Even though Bitcoin was initially thought of as a highly anonymous method of payment, the truth is that the privacy options offered via Bitcoin’s blockchain even when coin mixing processes, such as CoinJoin, are used are far from being perfect. Later on, many cryptocurrencies were created to solve Bitcoin’s anonymity flaws in an attempt to […]
When it comes to mining, even the tiniest bit of processing power matters. It may sound like the difference between 10Mh/s and 10.2Mh/s is insignificant, but given enough time, this difference can generate significant income. So, if you ever used MinerGate GUI miners (or the console versions) there are a few things you may want […]
The world of cryptocurrency is increasingly attracting more and more people who become attracted to the idea of decentralizing currency. The year of 2017 is inarguably the year of crypto as the price of Bitcoin and most other top altcoins have skyrocketed throughout this memorable year for cryptocurrency enthusiasts. To try using cryptocurrencies, you don’t […]
You lined up your racks, you aligned those miners, powered the risers and everything is buzzing nicely, hashing around and, most importantly, drawing power each and every second. Power that costs a lot of money. Power that must be converted to revenue, otherwise all your gear is just scrap iron (and some plastic). So, how […]
Each day people get more interested in cryptocurrency. The boom of the moment is to get reward for mining, but every day mining gets more complicated if you do not have the money to invest in hardware like ASIC miners or GPUs rigs.