#mining

The Difference Between Mining and Staking. Their Main Features

The Difference Between Mining and Staking. Their Main Features

What is the difference between staking and mining? How does staking work? Main benefits of staking.

Lev Peschykhin 25 Sept 2022

How to mine cryptocurrency on iPhone

How to mine cryptocurrency on iPhone

It is not a secret that mining requires powerful computing equipment. Can a regular iPhone be used for this purpose?

Oleksii Haiduchyk 21 Sept 2022

How does staking differ from mining?

How does staking differ from mining?

Staking has been gaining much popularity lately, and even the world’s second cryptocurrency, Ethereum, will soon be unavailable for mining. So, what is the difference between these two cryptocurrency mining options?

Ihor Shulhach 6 Sept 2022

The largest ETH mining pool to stop mining crypto after The Merge

The largest ETH mining pool to stop mining crypto after The Merge

There are only a few weeks left before the termination of Ether mining in the Ethermine pool. The largest ETH mining platform has announced that after The Merge, users will only have the option to withdraw the cryptocurrency.

Yuliia Rokytska 25 Aug 2022

What is crypto mining and why is it difficult to mine bitcoin?

What is crypto mining and why is it difficult to mine bitcoin?

Mining is the process of getting cryptocurrencies, behind which lies ensuring the blockchain operation. How does mining work? How can you get involved in mining coins without having expensive equipment? And why is it impossible for one person to mine bitcoin?

Yuliia Rokytska 8 Aug 2022

How Satoshi Nakamoto Addressed the Mining Profitability Issues

How Satoshi Nakamoto Addressed the Mining Profitability Issues

Miners are the core of the blockchain. They are the ones who provide the technical capabilities for transaction validation and block formation. Therefore, the issue of the capitulation of miners can be pretty critical.

Alex Panasenko 4 Jul 2022

Iran cuts electricity supply to legal mining companies

Iran cuts electricity supply to legal mining companies

The Iranian government is restricting the activities of miners to reduce the load on the local energy supply. Even the ability to use digital assets to evade international sanctions does not become an obstacle to such radical decisions.

Kateryna Salnichenko 24 Jun 2022

The New York Senate bans cryptocurrency mining using carbon-based fuel

The New York Senate bans cryptocurrency mining using carbon-based fuel

The New York Senate approved a moratorium on cryptocurrency mining using carbon fuel. Now the relevant bill will be sent to the state governor Kathy Hochul for a final decision on the widely discussed issue.

Kateryna Salnichenko 4 Jun 2022

Ecology comes first: EU may ban bitcoin trading

Ecology comes first: EU may ban bitcoin trading

In Europe, at the official level, there was a discussion of a possible ban on bitcoin trading. The main reason again lies in the ecology and the harm that cryptocurrency mining causes to the environment.

Elena Savlokhova 22 May 2022

Mining for the full 100%: NiceHash claims to have unlocked Nvidia graphics cards

Mining for the full 100%: NiceHash claims to have unlocked Nvidia graphics cards

The new software will allow you to use 100% of the power of top graphics cards.

Ihor Shulhach 12 May 2022

Does mining negatively impact the environment?

Does mining negatively impact the environment?

Bitcoin mining is a deeply energy-intensive process and it consumes a lot of electricity, which is why mining is considered to be non-eco-friendly. But is it really that bad?

Artem Khomenko 24 Sept 2022

Can Bitcoin switch to Proof of Stake?

Can Bitcoin switch to Proof of Stake?

Bitcoin has been operating on the Proof of Work algorithm for 14 years. Mining confirms transactions: users connect their devices and are rewarded for mined blocks. But is it possible to upgrade the network by switching from mining to staking?

Artem Khomenko 18 Sept 2022

Ethereum’s switch to PoS. Pros and cons

Ethereum’s switch to PoS. Pros and cons

Ethereum is scheduled to switch from the Proof-of-Work (PoW) consensus algorithm to the Proof-of-Stake (PoS) algorithm in September 2022. The initiator of this transition was personally Ethereum founder Vitalik Buterin. According to him, the transition to the new algorithm will simplify and scale the mining process.

Ihor Shulhach 29 Aug 2022

Court Allows Celsius Network to Mine and Sell Bitcoin

Court Allows Celsius Network to Mine and Sell Bitcoin

During the Celsius Network’s second bankruptcy hearing, the company was granted permission to continue mining and selling Bitcoin.

Lesia Dubenko 22 Aug 2022

Canaan Creative plans to launch mining in the U.S.

Canaan Creative plans to launch mining in the U.S.

Canaan Creative, a mining equipment manufacturer, announced the planned launch of mining in the United States. The info was provided by senior Vice President Edward Lu.

Kateryna Salnichenko 1 Aug 2022

In the US, Dynamics Mining terminated the agreement with Compass Mining due to debts

In the US, Dynamics Mining terminated the agreement with Compass Mining due to debts

The termination of the contract for the supply of mining equipment concerns facilities in the US in the state of Maine. The reason for the termination of the agreements was the debts of Compass Mining.

Ihor Shulhach 30 Jun 2022

KenGen offers mining companies to work in Kenya on geothermal energy

KenGen offers mining companies to work in Kenya on geothermal energy

Miners who have faced severe pressure in the US, China, and Eastern Europe may soon begin to flock to the African continent massively.

Kateryna Salnichenko 4 Jun 2022

US miners will cooperate with Oman’s energy companies

US miners will cooperate with Oman’s energy companies

Given that the “persecution” of mining on the PoW algorithm has intensified in the US and Europe, the energy company Crusoe Energy, which is also involved in mining, decided to cooperate with Oman’s representatives.

Ihor Shulhach 2 Jun 2022

The Norwegian Parliament did not support the ban on cryptocurrency mining

The Norwegian Parliament did not support the ban on cryptocurrency mining

In Norway, left-wing parties tried to move a bill to ban energy-intensive mining.

Ihor Shulhach 16 May 2022

Solana network collapsed for 7 hours

Solana network collapsed for 7 hours

The main reason for the network collapse was the huge number of transactions sent by mining bots with which validators could not manage. The bots worked through one of the projects based on the Solana network - “Candy Machine”.

Ihor Shulhach 4 May 2022

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