Mining News

Cryptocurrency mining is a way to get Bitcoins. Of course, it is possible to buy them, but Bitcoin mining creates new ones by making new parts of the blockchain. In defining cryptocurrency mining, it should be stated how it actually works. In order to mine, there must be a peer-to-peer computers network so that tasks can be performed with their combined computing power. The more computers and less centralized the system, the faster tasks will be operated. Each computer is called a host in the blockchain and the network works based on a cryptographic protocol. By recording and confirming new operations into a virtual, replicated, and distributed public database known as the blockchain, miners (those who do mining) create new parts of the chain and they receive 12.5 Bitcoins for each new part as a reward. The new block can be made just once in 10 minutes so that to synchronize all operations, assure they are mathematically accurate and be able to spread it around all users.

News
Fidelity is still looking for a Bitcoin Mining Engineer to manage its mining operation, likely referring to an installation leased from Blockstream in summer 20...
Fidelity Is Still Looking for Bitcoin Mining Engineers
Andrey Shevchenko
2020-02-20T18:10:00+00:00
2772
Opinion
The blockchain industry has the potential to help the world in stopping the climate changes and global warming.
Blockchain for the Environment: It Is Real and It Is Here
David Mansell
2020-02-20T02:00:00+00:00
3472
News
Canaan, the world’s second-largest Bitcoin mining hardware manufacturer, and blockchain infrastructure firm Northern Data AG have signed a strategic partnership...
Crypto Mining Giant Canaan Partners With Blockchain Firm Northern Data
Marie Huillet
2020-02-19T09:52:00+00:00
2327
News
The Bitcoin mining unit manufacturer rapidly expanded its market share in 2019.
Bitmain’s Market Dominance Challenged by MicroBT
Turner Wright
2020-02-18T07:09:00+00:00
3474
News
According to unnamed sources close to the matter, a Chinese group is in talks to buy CoinPY, one of the leading Bitcoin mining firms in Latin America.
Exclusive: Chinese Group Looking to Buy One of Latin America's Largest Bitcoin Mines
Cassio Gusson
2020-02-13T23:56:00+00:00
3012
News
Financial services giant SBI Holdings’s subsidiary is partnering with German tech company Northern Data AG and Texas-based data centers operator Whinstone US In...
SBI Crypto Subsidiary Partners With Northern Data on Mining Project
Ana Alexandre
2020-02-13T13:50:00+00:00
3049
News
Cybersecurity firm Trend Micro has detected that hacking group Outlaw has been updating its toolkit to steal enterprise data for nearly half a year at this poin...
Hacking Group Outlaw Upgrades Malware for Illicit Income Sources: Report
Ana Alexandre
2020-02-11T17:14:00+00:00
1881
News
Ukrainian authorities said that crypto mining does not require regulatory activity from governmental oversight bodies or other third-party regulations.
Crypto Mining Does Not Require Governmental Oversight, Ukrainian Regulator Says
Ana Alexandre
2020-02-10T15:28:00+00:00
2701

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