Category Archives: Mining

Steven Seagal’s Crypto Endorsement: Inside A Massive Cloud Mining Crypto Swindle

A multi-platform, multi-continent scam roped in hundreds of people for at least $1,000 each over the course of 2017 and 2018. The old Cloud Mining exit scam in the extreme. An altcoin called “Bitcoin 2nd Generation,” B2G or Bitcoiin2G came out of the charade with actor Steven Seagal reportedly endorsing the cryptocurrency. The B2G ICO (Initial Coin Offering) culminated in New Jersey, where The New Jersey Bureau of Securities cracked down on B2G advertisement in the state. A company called Dragon Mining is allegedly behind the whole scheme, possibly including B2G itself. Continue reading Steven Seagal’s Crypto Endorsement: Inside A Massive Cloud Mining Crypto Swindle

How to Mine IOTA Without Installing a Full Node

Learning how to mine IOTA takes a little research and patience. This is because the cryptocurrency is unique in many aspects. Unlike most cryptocurrencies, IOTA doesn’t utilize a blockchain network or require miners to validate transactions. Additionally, you never pay transaction fees. All of these factors and more make IOTA an attractive option for cryptocurrency investors and miners alike. The only problem is that it takes some effort to learn how to mine IOTA without dedicating your entire PC. Continue reading How to Mine IOTA Without Installing a Full Node

Bitcoin Mining Giant Bitmain Closes Israeli Branch amid Market Woes

With the bitcoin price trading more than 80 percent below its all-time high, not even Bitmain, the world’s largest cryptocurrency mining firm and the crypto industry’s most valuable company, has been immune from the slaughter. Continue reading Bitcoin Mining Giant Bitmain Closes Israeli Branch amid Market Woes