Hardware is an inherent part of cryptocurrency mining – the stronger system specifications you have, the higher your hashrate and therefore chances for block solving are. That’s why it so important for both solo and pool-involved miners to check out the latest hardware news – both ASICs and CPU/GPU.
Have you been experimenting with mining and are ready to take it to the next level? Maybe you’ve been mining with a laptop or desktop CPU or maybe you are completely new to mining. Either way, this tutorial will show you, step-by-step how to build, configure, and maintain an effective and profitable mining rig.
CPU is a Central Processing Unit while GPU – Graphics Processing Unit. CPU is better used for mining low difficulty cryptocurrencies, for instance, Cryptonight protocol coins, like XMR (Monero) or BCN (Bytecoin). GPU can literally mine any coin available in the market, but the profit will depend on a variety of factors.
What is XMO? Monero (XMR) is going to have the network update (basically a fork but without making a new coin) that is scheduled for April 6, 2018. Since that point, Monero will use a new PoW algorithm that will make it incompatible with other coins for merged mining. Monero Original (XMO) is based on […]
Are you interested in mining cryptocurrencies? Are you already mining but still unclear about all of the components at work? Mining is an important and integral part of any “proof-of-work” cryptocurrency. Without mining, there would be no blockchain ledger and the digital currency in question would have no value. So the mining process actually drives […]
So you’ve decided to start mining your first crypto coin. 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 […]
Blockchain tech has been making waves as it is rapidly implemented into business models, governing systems, and educational endeavors all over the world. There is no question that this tech, which was born as the driving force of cryptocurrency, is fundamentally changing the world. However, with the inherent need for transparency that blockchain can provide, […]
If you are new to cryptocurrency or are interested in learning more about the technology behind the increasingly popular field, then this article is for you. Some of the terminology and concepts in the cryptocurrency world are very foreign to most people, and as a wise person once said, “you don’t really understand something if […]
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 […]
Monero XMR is a virtual currency more private and anonymous than Bitcoin, born in 2014 from the fork of Bytecoin BCN. Monero after the bifurcation from Bytecoin, the developers undertook to improve their original code and integrate the CryptoNight algorithm for mining, where the order of transactions is voted on, new features in the protocol and […]