We will shed some light on mining hotels (colocation hosting for miners): namely, what is a mining hotel, how it works and where it is located. In short, we are going to be describing how they work and what some of the biggest ones currently look like. This may be a solution if you’re a miner […]
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 […]
If you’re choosing a frame for your mining rig, remember, it secures your hardware and it should contain minimal to no metal as the conductive nature of metals can affect the performance and health of your mining rig.
If you have a not so powerful mining rig or ASIC and you want to be able to effectively mine on multiple pools, you need to join a multipool. A multipool is a mining platform that allows you to selectively mine crypto based on highest profitability in real time.
What is Cloud Mining? Cloud mining means using shared hashing power provided by remote mining farms. All you need for a successful start is your laptop or your phone to get in touch with the service providers and a wallet to withdraw your rewards to.
Different cryptocurrencies have different hashing algorithms such as CryptoNight, X11, SHA-256, Scrypt, and others. Some of these algorithms can still be effectively run on CPUs (eg, CryptoNight), others work best on GPUs (Scrypt or X11), and others are the domain of custom ASICs (SHA-256 or Scrypt).
Whether you are new to cryptocurrency / digital currency speculations or have been in the know for years, there is no doubt that the industry is experiencing exponential growth. The interest in crypto mining, coin trading and usage to pay for goods and services has never been higher.
If you are looking to mine Bitcoins or Litecoins with MinerGate pool, here are some useful instructions from the member of our team Janika.
Hi miners! My name is Janika and recently I was introduced to the wonderful world of cryptocurrencies. While exciting, this world may be challenging for a newbie. I will guide you through it and help to learn the ropes as a slightly more experienced newbie. Let’s get into the basics of cryptocurrencies today.
Fellow miners, we are publishing the next story of one of our users, Borys. Borys is a crypto enthusiast who believes in the future of different coins, and we believe in it too. Here is his story, don’t forget to share yours!