Safety and Electrostatic Discharge (ESD) Precautions in ASIC Repair

Electrostatic Discharge (ESD) is one of the most serious threats to delicate electronic components, such as Application-Specific Integrated Circuits (ASICs). Even a small ESD event can cause permanent damage to these components and render them inoperative. That’s why it’s essential for anyone working with ASICs to understand the importance of safety and ESD precautions. In […]

The new race for Bitcoin mining hardware

Today the mining rig market is getting hotter due to the increased number of current miners seeking ways to expand their operations and increase their profits. And, also the new miners are seeking to secure a slice of the new Lucrative mining conditions. https://youtu.be/O_CzFU2_NCc We know that when the bitcoin price shoots, everything else in […]

Bitcoin ASIC Provisioning and Mining Guide

The thought of starting a crypto mining operation can be thrilling and exhilarating. However, it is really not for the faint of heart because of all of the components that need to come together. Having the right knowledge about investment, research, resource, and equipment can either make or break your endeavour. https://youtu.be/8tkIcdiLrQk Choosing the Right […]

Energy to Hashrate Explained

Bitcoin can be useful in sending and receiving money; unfortunately, it is not created for free. The community of computer-based miners who create bitcoins is known to use vast amounts of electricity in the process. https://youtu.be/CLFByF9zDXM The extreme power consumption has led some experts to suggest that bitcoin mining isn’t environment friendly. According to the […]

Why Proof of Stake Is Less Secure Than Proof of Work

The main difference is that the proof of stake is typically distributed records or ledgers that remove the proof of work element. When one subtracts the proof of work, it removes the most objective physical proof source—making the proof of stake more subjective. Always remember that the proof of work is the actual physical and […]

Is Colocation the Right Choice for Bitcoin Mining?

The decision about using a colocation center for Bitcoin mining has some unique considerations that are worth exploring to make Bitcoin mining efforts as profitable as possible. Many of the needs for Bitcoin mining are counter-intuitive. Bitcoin mining needs are not what is desirable for the colocation of computers performing other types of critical-path functions […]

Mine&Hodl Case Study #2: Antminer S9

In the previous study, we only had a short period of mining with the machine, since this new generation came out at the end of the 3rd era of mining. The following study will take place over a much more extended period and will yield fascinating results. We are sure you will agree. We repeat […]

Is Bitcoin Taxable in Canada?

During the past few years, there have been several major changes that have taken place in the financial world and one of the biggest has been the development of cryptocurrency. Also called digital currency, this has been led by Bitcoin. What makes Bitcoin unique is that this currency operates using a distributed, decentralized network. Now […]

Next-generation Antminer S19 Bitcoin Miner announced

The industry of mining bitcoin has become one of the most lucrative businesses in 2020. The process of mining bitcoins requires the participants to have a miner with a good host. Given the competition in the industry, finding the perfect miner can be challenging.  Various companies have dedicated their resources to developing new and more […]

Can i send bitcoins with mesh networks

Recent developments involving the Lightning Network (LN) have catapulted the capabilities of the second layer of Bitcoin compared to traditional payment systems. The new integration of LN micro-payments by Blockstream via its satellite network for the dissemination of Bitcoin data, as well as the proliferation by TxTenna of a GoTenna mesh network integrated into Samourai […]

Is there anything similar to Bitcoin

Generally, people turn to altcoins to protect themselves from Bitcoin. They will tell you that spending is essential, that Bitcoin 2.0 will be even better if you give them some of your Bitcoin. Once you fall into temptation, they will leave you alone. An altcoin is an alternative currency. Altcoins are often considered a cryptocurrency. […]

Why most cryptocurrencies will fail

Cryptocurrencies come and go. They’re created for IPOs, for games, and for much more. Although some cryptocurrencies are capable of staying around for the long haul, most will fail. Why? There are a number of reasons, but it comes down to the support and the overall value established. How do cryptocurrencies work? Cryptocurrencies work as […]

Things To Consider Before Your Office Enters the Crypto Space

Things To Consider Before Your Office Enters the Crypto Space

Bitcoin is the most popular cryptocurrency in the world. There are many people who thought that Bitcoin was going to be nothing more than a fad. They felt like it would fall as quickly as it rose; however, Bitcoin has been something that has had a generalized upward trajectory even despite its ups and downs on […]

Why Bitcoin Is Different From Other Cryptocurrencies

Bitcoin remains the world leader in cryptocurrencies and the most valuable than any other cryptocurrencies due to the proven security and network effect. Since its establishment in 2009, the cryptocurrency has cemented itself as the most valuable archetype that investors can trust. Bitcoin has a large user base with stable security systems and better infrastructure.  Recently […]

Is Bitcoin really powered by coal

A fallacy exists that Bitcoin mining relies on coal-fired energy. While some areas of the world continue to rely on coal as a fuel source, many areas switched to hydro-electric, wind, or solar energy decades ago. This transition inherently means that most Bitcoin mining operations increasingly rely on renewable energy sources. Technology, like Bitcoin, can […]

The strategy behind miner colocation

With the emergence of blockchain technology and cryptocurrency, mining has become a serious opportunity to make a profit. From amateur hobbyists to professional miners, there is room for every to make money, given they do it correctly and have some luck going their way. Any business venture requires a feasibility assessment of what profitability can […]

Is Bitcoin’s energy consumption a problem for the world

The future of the world is Bitcoin. It is one of the most revolutionizing technologies of this century; however, it has come under criticism due to energy consumption and CO2 emission. The rate of Bitcoin energy consumption, according to experts, is more than that of Switzerland and Ireland. The focus on the negative side is […]

All About Crypto Mining in Canada

Bitcoin mining is all the rage right now and the future looks very bright for it.  What exactly is bitcoin and what does a cryptocurrency miner do? Why are Canadian mining firms poised to capitalize on this trend? These questions and more will be answered in this article. Why is Canada Considered the Crypto Mining Hub? […]

Who decides the value of bitcoins

Every coin has its value. Even if it’s not US Dollars, gold or some other precious metal, a coin holds value. Where is the value of Bitcoin? Just like the precious metals, there are a lot of ways to determine the value of a coin. The most popular way is based on the historical price […]

Overview of the challenges of Bitcoin development

The world of Bitcoin has grown quickly and there are many people who are looking to explore everything that it has to offer. With this in mind, one of the main services comes in the form of development. Bitcoin is free software and any developer can contribute to the project. Everything you need is in […]

Why Entering Bitcoin Mining Now Matters So Much

Bitcoin has come a long way from its initial start as a coding project created by Satoshi Nakamoto. Since the initial launch, the electronic currency has shaken up economic market around the world with its unique and non-governmental value as well as distribution into economies big and small. By 2019, this new currency has evolved […]

Why You Should Consider Colocation for Bitcoin Mining

Those who have paid attention to the Bitcoin market know that this is a market that can be a bit erratic. It is a volatile market that goes up and down on a regular basis; however, the Bitcoin market continues to be a very competitive place. Yes, during the past few years, there have been some major […]

An Overview of Bitcoin’s Game Theory: How it Works

During the past few years, digital currencies have been on the rise the central player has been Bitcoin. At first, there were people who felt like the idea of Bitcoin was only that: an idea. This was something that was going to fade into the rearview mirror like so many other fads throughout society. The […]

is Bitcoin Mining really taking a toll on global energy use?

Bitcoin mining has been in the spotlight in recent years due to its volatility, value, and energy consumption. The industry has faced significant challenges from critics who sadly do not share their sources, reasoning, and calculations making it hard to believe or verify these claims. Admittedly, this is a heavily debated topic full of unknowns. […]

What is the Bitcoin Mining Block Reward?

“Bitcoin” has likely become part of your normal vocabulary over the past several years. You read articles about individuals becoming wealthy overnight due to Bitcoin investments skyrocketing or see the symbol as accepted payment online or in a store. This conjures many questions about the system, including what is Bitcoin mining and what is a […]

Is Bitcoin a unique opportunity to unify the world

We have compiled the top reasons why the currency known as Bitcoin will revolutionize commerce and bring together different nations as they strive to create a borderless world. One of the first things that we have found is that Bitcoin is entirely decentralized. This means that the currency is altogether free from national boundaries, allowing […]

How much energy does bitcoin really use

Many of us have heard of the concept of Bitcoin and how this particular virtual currency is predicted to become the next big thing. So, how much energy does a Bitcoin transaction use? One first distinction to start with is that there is no correlation between transactions and energy usage. That number is often brought […]

Ethereum Mining Explained

While it’s clear that Bitcoin is leading the cryptocurrency arms today, it is also also true to say that Ethereum is set to be the top crypto any time soon. You see, Ethereum is truly an awe-inspiring technology we definitely can’f afford to overlook. Today, we are going to explore the basics you should know […]

Things You Need to Mine Bitcoin

Just as you need specific equipment to mine for gold or uranium, you also need specific equipment to mine for Bitcoin. While many cryptocurrencies allow for mining with a typical computer or cell phone, Bitcoin requires special equipment to make it cost-effective. Mining Bitcoin requires powerful, speedy computers. Your typical laptop does not have the […]

What is Monero Mining?

Monero is a cryptocurrency that was released in 2014, several years after bitcoin. It is a decentralized currency, though it is driven on the tech of fungibility. The concept was to ensure that it offered more privacy and security than bitcoin and some of the other cryptocurrencies out there. Monero (XMR) can be a beneficial […]