Tag Archives: Mining

China’s Illegal Crypto Mining Crackdown Could Ignite a Bitcoin Price Rally

Besides fat-fingered whales, the other species HODLers should learn to fear are large-scale Bitcoin miners whose electricity cost is zero. The reason? Their break-even point is low enough to depress the fair market value of the Bitcoin price, dashing the asset’s seven-figure ambitions. Continue reading China’s Illegal Crypto Mining Crackdown Could Ignite a Bitcoin Price Rally

Mining as a service with the launch of MinedBlock

Mining evolves as a service with the aid of MinedBlock

Mining is a fundamental part of the blockchain for any crypto whether PoW or PoS, even other more recent algorithms such as PoE or PoP; some tokens starts pre-mined at 50% or even 100% of the available supply. However, most work running on blockchains with some of the existing mining algorithms; as is the case with Ethereum. The miners who support the network as the basis of the decentralization model become centralized as the increasing cost of start to operate. Continue reading Mining as a service with the launch of MinedBlock