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Some estimates are suggesting that it’s no longer profitable for miners to produce bitcoin, with March earnings half those of December’s. In a report from CNBC, Thomas Lee, managing partner...
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A new study has found that the cost of bitcoin mining has become a lot more expensive to mine in some countries compared to others. After Crescent Electric Supply Company...
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Nine men have been arrested in Malaysia over the theft of bitcoin mining machines worth over RM500,000 ($130,000), according to a report. In a report from the Star Online, the...
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Bitcoin’s wild bullish run during the past couple of months has begun to have its effects on the global economy, especially the stock market. Whether the growth bitcoin witnessed during...
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Full nodes across the bitcoin network continuously obtain, validate and broadcast new transactions. Transactions are collectively allocated to transaction pools on router nodes. Miners, or mining nodes, engage in an...
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Mining bitcoin is a rather risky, high rewarding, process. Miners collaborate within the context of the so-called bitcoin mining pools, where they combine their machines’ processing power to earn relatively...
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The secret mining facility the publication BBC reported on in China featured Chandler Guo, a representative for Bitbank. The Shenzhen-based company wants to crowdfund the construction of its next mining operation....
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How Can I mine my Bitcoins? Buying a Bitcoin is a separate process and mining is another thing. Mining of Bitcoins is a process of digging through the internet for...
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Trying to know how to mine bitcoins can be a real challenge as most of the information available online is for the advanced user. However, you don’t despair as help...