There has been a LOT of “horror” online now that Bitmain has built an ASIC to mine Ethereum. Prior to this announcement, the only way to mine Ethereum was using a GPU (video card) and run mining software on Windows or Linux. Remember, Bitmain is basically the only game in town for Bitcoin, Litecoin, and … Read moreNew Bitmain E3 ASIC: Good For Ethereum Miners?
At the end of 2017 Mining hit the “all time high” for profits. Of course, Crypto assets have sold off in the first 6 months of 2018. Mining profits are also down some in the first half of 2018. Will the down trend continue? The answer to that question has many factors, let’s examine each … Read more5 Factors For The Future Of Mining Cryptocurrencies
When people look into mining they usually get a whole wide variety of answers as to what mining is and why anyone makes money at it. In this article I will try to help de-mystify mining and explain what it is and why people make money (sometimes a LOT of money) by mining crypto currencies. … Read moreHow Miners Make Money