Category Archives: Mining

Bitcoin Forums and Communities

BitcoinTalk is a like a noticeboard where people take part in the technical details and the development of Bitcoin software and discuss with each other. Though, people who’ve passion in Bitcoin mining, trading with Bitcoin, and in the budgetary of Bitcoins can participate in this forum.
Visit: https://bitcointalk.org/

Reddit Bitcoin Community
Reddit Bitcoin community is one of the famous social website. A person called Atlas founded this community in September 9th 2010. However, it is the reliable place among several Bitcoin communities in terms of news, community feedback, and updated information about various companies.
Visit: https://www.reddit.com/r/Bitcoin/

CryptoCompare
CryptoCompare is basically founded in November 2014 and released to the public in late July 2015. This platform also provide best information in showing the most accurate live prices, charting and market analysis from the top cryptoexchanges globally.
Visit: https://www.cryptocompare.com/

Cryptocurrency Talk
Another community is most popular which is Cryptocurrency Talk. The major perception is to provide sufficient knowledge with the news, information, and discussions about the cryptocurrencies.
Visit: https://cryptocurrencytalk.com/

Self Mining Smart Contract

Earlier Artemine introduced unrestricted access to public mining, which allows anyone to mine the token by calling a ‘smart contract’ function (as previously reported by Cointelegraph.) The team expressed their belief that the trading of Genesis Addresses can become a billion dollar market once people start looking at the advantages of the self-mining principle.

The team stated: “Once people start seeing the benefits of self-mining, which basically allows anyone to mine coins automatically without the need of any kind of mining equipment, we should start seeing the tradability of Genesis Addresses to become a more important factor. Possibly reaching a $1 bln dollar market in a not so distant future.”

Reference: https://cointelegraph.com/news/platform-starts-trading-service-for-self-mining-smart-contract

Make your Own Ethereum Mining Rig with Best Supported Hardware

01. GPU: Gigabyte Geforce GTX 1050 Ti G1 Gaming 4G Graphics Card
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02. Motherboard: Asrock H81 Pro BTC Mining Board = Rs. 22000
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03. Processor: Intel Core i3 6th Generation LGA 1151 Processor
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04. RAM: HyperX Fury Black 8GB 2133 MHz CL14 DDR4 Internal Memory
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05. Hard Disk: Seagate New BarraCuda 1 TB 64 MB Cache SATA 6.0Gb/s Hard Drive
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06. Power Supply: CORSAIR RMx RM1000X ATX12V EPS12V Certified Power Supply
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07. Monitor: Dell 18.5 Inch LED Monitor
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08. GPU Riser Cable: 6-Pack PCIe Riser Adapter USB 3.0 Extension Cable & 6-Pin PCI-E to SATA Power Cable GPU Riser Adapter
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09. Mining Rig Frame: Party Blowers Mining Rig Frame
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Cryptocurrency Watch : Ethereum

Ethereum (ETH)

Ethereum is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of downtime, censorship, fraud or third-party interference.

These apps run on a custom built blockchain, an enormously powerful shared global infrastructure that can move value around and represent the ownership of property.

This enables developers to create markets, store registries of debts or promises, move funds in accordance with instructions given long in the past (like a will or a futures contract) and many other things that have not been invented yet, all without a middleman or counterparty risk.

Current Price: $447.47 USD
Website: https://www.ethereum.org/
Type: Coin
Market Cap: $44,061,897,510 USD
Circulating Supply: 98,469,822 ETH
Total Supply: N/A

Canada Unable to Meet Electricity Demands of Bitcoin Miners

Canada’s Hydro Quebec will have to turn away cryptocurrency miners looking to setup operations in the province. The electricity supplier has been inundated with requests from cryptocurrency miners looking to setup operations in energy-rich province Quebec, according to Reuters.

Many miners, including giants like China-based Bitmain, have made it clear that they are looking to setup new mining operations overseas in countries with low power costs and surplus of energy. The crack down on cryptocurrency exchanges in China, as well as talks of power regulations applying to miners, has prompted miners to consider new sites to operate from.

 

Reference: cointelegraph.com