There is no doubt that mining is the backbone of every cryptocurrency. Whether it is on a mobile phone, ASIC, or hardware in the Cloud, it is these computations, big or small, that make the transactions of users possible. Here is an up-to-date review of the CryptoNote mining scene.
Monero is one of the privacy-focused cryptocurrencies with strong security features to protect end-user confidentiality. The hashing algorithm is CryptoNight v7. Read the latest Monero news & developers announcements on the Monero (XMR) project, algorithm changes or coin value analysis.
There have been many algorithms discussed and proposed over the years in the cryptocurrency space. There are many arguments for and against each Proof-of-Work algorithm, however, we’ll discuss two most widely known of them – CryptoNight and EquiHash.
Monero, with its focus on privacy and decentralization, today is one of the ten most popular cryptocurrencies in the world by market capitalization.
Coinbase CEO launched his own crypto charity project Brian Armstrong, the co-founder of Coinbase, announced his new charity project, aimed on providing unbanked individuals with financial services. The platform, called GiveCrypto, will donate cryptocurrencies to those people worldwide who have no access to the global banking and financial services. “Most people I respect and know […]
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.
Mining Bitcoins using MinerGate is probably the easiest way to mine at home. It does not require special equipment or high computer skills, and it is also a fun experiment. It simply requires installing a program and pressing the “Start” button.
Hackers have always attempted to manipulate and steal cryptocurrencies from the very beginning. It isn’t anything new and honestly is to be expected with something so novel and valuable. The really beautiful thing about blockchain technology – the easiest thing to understand about it – is that it is practically impossible to hack. Take Bitcoin […]
You may have heard that Monero (XMR) is about to undergo a “hard fork” which will produce a brand new coin, Monero V (XMV). Originally this fork was scheduled for March 14 but was postponed to the end of April for a few reasons. First of all, the Monero network is going to be updated […]
Dear miners, for your convenience, MinerGate plans to add a new coin – Monero Original. XMO will be exclusively available for mining and for merged mining starting April 6, 2018
According to the official announcement, Monero team is going to change PoW and issue a new algorithm CryptoNightV7. The main cause for the change is “to maintain ASIC resistance by swiftly reacting to any potential threat from ASICs and considering slightly modifying the PoW at every hardfork.” The Monero team is protecting XMR from the […]