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Bitcoin Mining With Solar: Less Risky and More Profitable Than Selling to the Grid
31.5.2019
The energy used to mine bitcoin has long caused debate over whether it’s a wasteful process. As the arguments have rumbled on, some people have been focused on mining coins with renewable energy. On May 29, Christian Ander, the founder of Stockholm’s Btcx exchange, explained how instead...
It's Never Been So Difficult to Mine Bitcoin
31.5.2019
As bitcoin price jumped by around 60% in May and competition among miners of the most popular cryptocurrency increased, Bitcoin mining difficulty reached its new all-time high today, making it more difficult for miners to win the precious reward of BTC 12.5.
Meanwhile, hash rate, or computational...
Bitcoin History Part 13: The First Mining Pool
19.5.2019
The notion that anyone could solo mine bitcoin – on a CPU no less – seems positively quaint today. But in 2010, this method wasn’t just possible – it was the norm. With an exponentially lower hashrate, less competition and a 50 bitcoin block reward, there was enough pie...