Category Archives: Mining

6 Best Bitcoin Mining Software

There is so much talk about Bitcoin mining all the time, from Bitmain’s huge expansion plans to news concerning Nvidia’s ASIC devices. A common understanding is that the Bitcoin network is secured by collective groups of people known as miners. But outside of that, there are many technicalities to the entire mining process. Continue reading 6 Best Bitcoin Mining Software

Major Chip Stocks Slide on Nvidia Earnings and Apple’s Not Going to Help

Nvidia lowers its revenue guidance for the fourth quarter of 2018 sending its shares tanking downwards by 14%. Other chip stocks followed suit. Analysts say Apple’s imminent earnings report means it could get much worse for chipmakers. Continue reading Major Chip Stocks Slide on Nvidia Earnings and Apple’s Not Going to Help

Bitmain’s Chip Supplier Saw a ‘Big Drop’ in Crypto Mining Sales Last Year

Taiwan Semiconductor Manufacturing Company Limited, who provides chips to Bitcoin mining giant Bitmain, says that 2018 saw a downturn in demand for crypto mining chips. In a recent conference call with investors, TSMC CEO C. C. Wei said that cryptocurrency had previously accounted for “a lot” of the company’s orders, but that it had gone down since the boom year of 2017. Continue reading Bitmain’s Chip Supplier Saw a ‘Big Drop’ in Crypto Mining Sales Last Year

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