D-Central's Articles

Our articles talk about Bitcoin from top to bottom. We explore all general concepts and more specific concepts related to Bitcoin mining.

The Global Semiconductor Shortage And Its Impact On Bitcoin Mining

Virtually every modern-day technological device utilizes semiconductor chips that are crucial for functioning. From smartphones, to DVD players and automobiles, devices that we use every day all need the help of semiconductors that are now in short supply. The semiconductor industry is one that continues to have increased demand with supply

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The Different Bitcoin Mining Attacks Explained

Did you know that there’s a new cyberattack that happens nearly every 39 seconds? Hackers have become so advanced in their prowling. This has even resulted in the US government set up a cybersecurity budget of approximately $15 billion. While this information sounds fascinating, you should remember a few things

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The Bitcoin ASIC supply chain bottleneck

Bitcoin first appeared in January 2009 after the real estate market crashed. It was a bizarre idea by a pseudonym, Satoshi Nakamoto. Cryptocurrency is traded in bitcoin exchanges, which allow people to buy and sell bitcoin using various currencies. In 2013, bitcoin miners began using computers specifically designed for mining

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The Economics of The Bitcoin Hash Rate

The bitcoin network first came into existence on the first week of January 2009 by one Satoshi Nakamoto. It was not the first cryptocurrency but it certainly has risen to be at the forefront of the industry. Bitcoin is an intriguing computing paradigm that utilizes dedicated hardware to abstract out

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Identifying your ASIC miners issues and how to fix them?

ASIC is a short word for Application-specific integrated circuit. ASIC is a device designed for one purpose of digital mining currency only, and it runs complicated calculations searching for a unique number. In proof of work systems like bitcoin rewards, the first person to find the number. All of this

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The Amazing Increase in Speed of ASIC Miners

With the halving of Bitcoin reached again, there was no question that miners needed to speed up. If miners could not keep up with the increased competition, they would be eliminated by default. The SHA256 hashrate expectations have continued to push application-specific integrated circuits development faster. Both 2019 and 2020

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How to mine bitcoins with your Litecoin Mining Hardware

It’s no secret that Litecoin’s mining profitability has fallen dramatically over the past two years. One likely phenomenon is that we’ve seen a significant loss of Litecoin against traditional currencies and Bitcoin. As a result, many mining facilities find themselves struggling with Scrypt mining equipment, unplugged, rather than mining Litecoin

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Guide to Starting a Bitcoin Mining Business

The times we live in today have made people rethink their careers and move forward where they have a little more control over their income stream. Starting a Bitcoin mining business is one of those new, curious business models. For many people, mining Bitcoin is still a unique endeavour that

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Why ASICs are Here to Stay for Proof-of-Work Mining

Many people would say the ASIC paradigm in mining is terrible for the Bitcoin network. Yet, ASICs have been proven time and time again for their efficiency and increased hash power, which by default offers greater security. ASIC systems have demonstrated greater strength than home-built GPU systems, and the architecture

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